New Tempe Apartment Complex for ASU Students
The great thing about having a business in a college town is knowing you will have an abundance of traffic. The downside of having a business in a college town? There is a fight for steady business with all of the competition. When it comes to anything new, college kids are drawn to it, and housing is no different.
The District on Apache is the newest complex to come to the already abundant apartment complexes in Tempe.
What sets it apart from the rest of the complexes?
It is equipped with a lazy-river pool and a virtual golf course.
What does this mean for other apartment complexes in the area?
Because ASU has over 70,000 students, there shouldn’t be a problem filling rooms for the upcoming semesters, it’s just a matter of how big of a drop some of the apartment complexes will hit. Students have a tendency to flock towards the newer things. So since The District at Apache is the newest thing, it will probably take away some business from the surrounding complexes for at least the upcoming school year.
What will other places possibly have to offer compared to The District?
Pricing, location and amenities are all important for some students. Because The District is the newest complex, it feels it can raise the price of its units because most will pay for whatever is the newest at the time. So for students who are looking at apartments on a budget and a better deal overall, they will be more inclined to stick to those apartments that are lower in price and have more to offer.
Why students opt for apartments over dorm life? As students grow from freshman and get older, they have a tendency to want to be more independent. Apartments are a great way to live off of campus, and have more of a independent life while still being close to campus. That’s why it’s great that another complex has opened giving more students options when it comes to what kind of living arrangement they want to be in.
Story Credit http://www.azcentral.com/community/tempe/articles/20130617tempe-apartments-asu-student-housing-competition.html%20
Photo Credit: College lecture By: Sean MacEntee. Used under the Creative Commons license.