About Us

Our Company   |   Our History   |   Leadership   |   Our Services   |   Product Types   |   Experience

Our Company

Capstone Collegiate Communities, LLC also known as “C3”, specializes in the development, construction and management of high-quality, off-campus student housing developments in close proximity to major colleges and universities across the country.

Our History

Capstone Collegiate Communities was formed in January 2012 as part of the restructuring of Capstone Development, the most active and experienced developer of student housing in the country for more than 23 years. Capstone Development had a portfolio that included 131 communities in 33 states which reflected almost $3.1 billion in project costs and 83,000 beds. Capstone Collegiate Communities carries on Capstone Development’s legacy in the student housing industry with a specific focus on off campus/new construction developments.

Leadership

The three principals of C3, Rob Howland, John Vawter and Ben Walker, were key personnel in Capstone Development and were integral to the success of the off-campus/new construction developments Capstone successfully delivered over the years. Collectively, they bring years’ worth of valuable student housing experience and knowledge to this new company. Their off-campus development experience reflects over $1.3 billion in project costs and more than 32,000 beds.

C3 Leadership

Our Services

C3 is made up of three distinct divisions, each solely focused on one area of the student housing niche:

  • Development
  • Construction
  • Management

Together these three divisions make us a company able to take our student housing developments all the way from start to finish including acquisition, pre-development due diligence, financing and construction through project delivery, lease up and disposition. We creatively lead the big picture of structuring the deal while also using our extensive experience to execute the detailed nuts and bolts needed to make every deal successful.

Because we approach every development opportunity as new and unique, we maintain flexibility and innovation throughout the predevelopment and construction phases which allows us to deliver the best possible product in each and every market. In Capstone’s long history, we have worked with many partners including the schools themselves, city governments, and public-private/non-profit organizations to successfully meet the goals and objectives of each stakeholder often working through numerous and complex development challenges. C3 will continue this tradition of innovation, flexibility and collaboration.

Product Types

Specifically, C3 focuses on three product types:

  • Cottages
  • Lodges
  • Lofts

Each of these product types represents a different type of charming and appealing residential facility designed specifically for college students. Our developments include a variety of floor plans providing one to six bedroom living arrangements each with bed/bath parity. We strive to make the floor plans highly functional for our residents while also being aesthetically pleasing with high-end finishes and upgrades such as 9 foot ceilings, granite countertops and wood or wood-like flooring.

Lofts are in-fill, mixed-use developments that are high density and often include structured parking and occasionally a component of retail. The lofts are made up of townhomes and flats units.

Lofts

Lodges are four to five story wood frame communities that are typically surface parked. The lodges are made up of townhomes and flats units.

Lodges

Cottages are low-density, “new urbanism” style residential neighborhoods on large tracts of land. The Cottages are comprised of free-standing houses, townhomes and duplexes with a centralized clubhouse.

Cottages

Each community also includes top of the line amenities that create a unique lifestyle for students, an element of our communities as important as the facilities themselves. These amenities vary with each development but often include features such as scenic lakes, walking trails, open green spaces, frisbee golf courses, dog parks, basketball, tennis, volleyball and bocce ball courts, and expansive resort-style pools. There are also attractive and comfortable community buildings such as the clubhouse that offer gathering places, state-of-the art fitness facilities, tanning salons, game rooms, theaters, saunas, steam rooms and both community and private study rooms. The property managers create many events for the residents, such as Taco Tuesdays, pumpkin carving contests, tailgating parties at the pool, and many more, throughout the year to heighten this community experience.

Cottages 2

 

Experience

Since 2007, C3 Principals have developed the following Lodge, Loft & Cottage communities, representing close to $1.4 Billion in total development costs and 22,387 beds:

  • Creekside of Auburn (Auburn, AL)
    Awarded MFE’S “Student Project of the Year” in 2008
  • The Retreat of Clemson (Clemson, SC)
  • Cottage Grove at Gainesville (Gainesville, FL)
  • The Cottages of Hattiesburg (Hattiesburg, MS)
  • The Cottages of Columbia (Columbia, MO)
  • The Cottages of Lubbock (Lubbock, TX)
  • The Cottages of Norman (Norman, OK)
  • The Cottages of Baton Rouge, Phase 1 & 2 (Baton Rouge, LA)
    Awarded “Best New Development – Innovator Awards” by SHB in 2011
  • The Cottages of Lakeshore (Birmingham, AL)
    Certified LEED® Gold & Awarded MFE’S “Community Service” award in 2011
  • The Lodges of East Lansing, Phase 1 & 2 (East Lansing, MI)
  • The Lofts of Kennesaw (Kennesaw, GA)
  • The Cottages of College Station, Phase 1 & 2 (College Station, TX)
  • The Cottages of Durham (Durham, NH)
  • The Cottages of Boone (Boone, NC)
  • 13th and Olive, Phase 1 & 2 (Eugene, OR)
  • The Lofts at City Center, Phase 1 & 2 (Tuscaloosa, AL)
  • The Cottages of New Mexico (Albuquerque, NM)
  • The Capstone Cottages of San Marcos (San Marcos, TX)
  • The Lodges of Colorado Springs (Colorado Springs, CO)
  • Hannah Lofts & Townhomes (East Lansing, MI)
  • Northpoint Crossing, Phase 1 & Phase 2 (College Station, TX)
  • The Cottages of Tempe (Tempe, AZ)
  • Arlington Cottages & Townhomes (Baton Rouge, LA)
  • Junction Cottages & Townhomes (College Station, TX)

In addition, we currently have the following communities under development , representing more than $115 Million in development costs and 2,109 beds.

  • Capstone Cottages of Lubbock (Lubbock, Texas)
  • The Cottages of Fort Collins (Fort Collins, CO)
  • Fremont Station (Flagstaff, AZ)

 

Rendering

While the principals of C3 have managed over 13,000 beds on multiple occasions since 2000, Capstone Properties currently manages 10 communities with 9,303 beds:

  • Cottage Grove of Gainesville (Gainesville, FL)
  • The Cottages of Hattiesburg (Hattiesburg, MS)
  • Valentine Commons (Raleigh, NC)
  • The Cottages of Boone (Boone, NC)
  • 13th & Olive (Eugene, OR)
  • The Lofts at City Center (Tuscaloosa, AL)
  • Capstone Cottages of San Marcos (San Marcos, TX)
  • Northpoint Crossing (College Station, TX)
  • The Cottages of Tempe (Tempe, AZ)
  • Junction Cottages & Townhomes (College Station, TX)

 

C3 CONTACT INFO

Corporate Office:
Capstone Collegiate Communities, LLC
431 Office Park Drive
Birmingham, AL 35223
205.414-6400

Development
John E. Vawter, Principal: (205) 586-4228 jvawter@capstonemail.com

Construction
Steve Sasso, President: (205) 414-6455 ssasso@capstonemail.com

Management
Ben Walker, Principal: bwalker@capstonemail.com

Finance & Accounting
Rob Howland, Principal: (205) 414-6416 rhowland@capstonemail.com

Careers
careers@capstonemail.com

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