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Toll Brothers Campus Living® B

SOUTH BEND, Indiana, Nov. 03, 2022 (GLOBE NEWSWIRE) — Toll Brothers, Inc. (:TOL), the nation’s leading builder of luxury homes, through its Toll Brothers Campus Living® division, announces the Grand opening of The 87, a new four-story, 335-unit luxury apartment community in South Bend, Ind., totaling nearly 431,000 square feet. 87 will be the company’s seventh nationally developed luxury student housing community.

Designed by KTGY Architects with V3 Engineering, and interior design by Mary Cook Associates and branding by Matchbox Studio, Toll Brothers Campus Living will manage the development, construction, marketing and asset management of The 87. Construction is expected to be completed in 2024. The recent ribbon-cutting celebration brought together senior Toll Brothers executives, The 87’s development partners, elected and appointed South Bend government officials and members of the media.

“The 87 will represent the best of what Toll Brothers Campus Living stands for,” said Doug Smythe, Acquisition and Development Manager, Toll Brothers Campus Living. “From the quality of materials to the extraordinary amenities offerings, with the world-class design and construction and the unparalleled resident services our brand is already known for nationally, we believe The 87 will be among the best rental offers available in the market.”

Located at 1710 N. Turtle Creek Dr. in South Bend and situated on the former 10-acre site of Turtle Creek Apartments, more recently known as Campus View, The 87 will provide resident students with exceptional access to the campus of the University of Notre Dame. , as well as nearby St. Mary’s College and Holy Cross College. Spread across 26 townhouses and five apartment buildings ranging from three to four stories, The 87 will include 335 residences with a total of 810 beds. The community will offer a mix of bachelor, one, two and four bedroom rental units ranging from 420 square foot bachelors to 2,000 square foot townhouses. The project includes a total of 423 parking spaces, including a three-storey garage, private townhouse garages and surface parking.

Residents will enjoy more than 15,000 square feet of indoor and outdoor common space amenities, including a two-story fitness center, private collaboration and study spaces, content creation studio, a coffee bar, social lounge, multi-sport simulation lounge, and “All-Pro” screening lounge, which ensures that every Notre Dame Fighting Irish fan at 87 will have a prime location to watch the big game without leaving the House. Residents can also enjoy outdoor amenities including a pet park, basketball court, multiple courtyards with televisions, barbecue grills, fire pits, and outdoor games.

Residences at 87 will feature luxury finishes including stainless steel appliances, luxury vinyl tile flooring, modern two-tone kitchen cabinets, quartz counter tops and smart door locks. The apartments will be fully furnished including a 55” smart TV and will offer en-suite bathrooms for each bedroom, walk-in closets (in some units) and in-unit washer and dryer.

“Notre Dame is one of the most highly regarded schools in America and we are truly privileged to be part of this community,” said Charles Elliott, President of Toll Brothers Apartment Living, which oversees the Campus Living division of Toll Brothers. “We are thrilled to develop our first multi-family project in Indiana and offer student residents of South Bend the same quality and service that we are known for nationwide.”

According US News and World Report, Notre Dame is now tied for 18th out of 443 in the ranking of the best national universities. The report also lists several Notre Dame undergraduate programs among the best in the nation, including accounting at No. 6. Washington Monthly The magazine ranks Notre Dame No. 10 in its national ranking of public universities contributing to the public good.

Named for 1887, the year of Notre Dame’s first football team, The 87 represents the continued expansion of Toll Brothers Campus Living’s footprint nationwide. Le 87 is the newest project in the Toll Brothers Campus Living portfolio and joins other outstanding apartment communities being developed by Toll Brothers at the Georgia Institute of Technology, University of Central Florida and International University of Florida. The company previously developed Terrapin Row at the University of Maryland, which was sold in 2017, The Yards at Old State at Pennsylvania State University, and Canvas at Arizona State University.

For more information on The 87, visit LiveThe87.com.

About Toll Brothers Campus Living®

Toll Brothers Campus Living is the student housing development division of Toll Brothers, Inc., the nation’s leading luxury home builder. Toll Brothers Campus Living brings the same quality, luxury and service that Toll Brothers is known for to its exceptional student housing communities in select markets. Toll Brothers Campus Living communities combine the energy of college locations with student-centric services, amenities and the expertise of America’s Luxury Home Builder® to meet the needs and lifestyles of today’s students for live, thrive and connect. Toll Brothers Campus Living has developed nearly 1,000 units and over 3,000 beds nationwide, with over 1,000 additional units in its development pipeline. For more information, visit www.TollBrothersApartmentLiving.com.

About Toll Brothers

Toll Brothers, Inc., a FORTUNE 500 company, is the nation’s leading luxury home builder. The company was founded 55 years ago in 1967 and became a public company in 1986. Its common stock is listed on the New York Stock Exchange under the symbol “TOL”. The company serves first-time home, moving, empty nest, working adult and second home buyers, as well as urban and suburban renters. Toll Brothers builds in over 60 markets in 24 states: Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Idaho, Illinois, Maryland, Massachusetts, Michigan, Nevada, New Jersey, New York, North Carolina, Oregon, Pennsylvania, South Carolina, Tennessee, Texas, Utah, Virginia, and Washington, as well as the District of Columbia. The Company operates its own architectural, engineering, mortgage, title, land development, golf course development, smart home technology and landscaping subsidiaries. The Company also operates its own lumber distribution, home component assembly and manufacturing businesses.

Toll Brothers was named the World’s Most Admired Homebuilder in FORTUNE magazine’s 2022 survey of the World’s Most Admired Companies®, the seventh year it has been so honored. Toll Brothers was also named Builder magazine’s Builder of the Year and is the first two-time recipient of Professional Builder magazine’s Builder of the Year award. For more information, visit TollBrothers.com.

©2022 Fortune Media IP Limited. All rights reserved. Used under license. Fortune and Fortune Media IP Limited are not affiliated with, and do not endorse the products or services of, Toll Brothers.

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Submitted by Toll Brothers via Regional Globe Newswire (TOLL-REG)

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