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Monarch complex underway
Latest apartment project begins building on 301 South
Web Apartment render
An illustration of the planned Monarch301 apartment complex is shown above. Construction is now underway. - photo by RENDERING COURTESY OF MONARCH VENTURES

      Clearing for the construction of the Monarch Douglas apartment complex has begun on Highway 301 South.
      The latest entrant into Statesboro's apartment building boom is situated on a 10-acre site between Old Register Road and Highway 301 South just north of the Veterans Memorial Parkway.
      Local engineer Joey Maxwell prepared the site plans for the project, and is involved with its construction. Maxwell said the complex will have 180 units housing 546 students, and be referred to as Monarch301.
      "Progress Builders is the construction company for the project," Maxwell said.
      According to StudentHousingBusiness.com, Progress is a joint venture between Monarch Properties, Bradley Housing Developers and Douglas Development. The first project for the development team was Monarch544 in Conway, S.C., near Coastal Carolina University, which just opened.
      Maxwell said this apartment complex is a little unusual in comparison with other apartment projects built near Georgia Southern over the last several years.
      "This is going to be a dorm/apartment style building with interior corridors as opposed to the traditional apartment buildings that reside along the perimeter of the GSU campus," he said. "Also, the facility location on the edge of the GSU campus provides the student with a short walking distance to the GSU academic buildings as well as the RAC building and fields."
      Charlotte-based Monarch Ventures is a partner in the project. The company's CEO Shannon King said, "Georgia Southern has experienced extensive growth over the last several years, always has large freshmen classes, and has a high student retention rate. The university is very easy to work with, and the city is also pro development. It makes Statesboro a great place to do business."
      King said the complex would have amenities including a 12,000-square-foot clubhouse, a resort style pool, a fire pit, outdoor seating areas and a volleyball court. "It will be a premier complex with state-of-the-art amenities," she said.
      Monarch301 joins two other large scale projects currently under construction also slated to open in time for fall semester 2013. Aspen Heights is located on Highway 67 just north of the Kiwanis Fairgrounds, and One Eleven South is being built on the former site of the Varsity Lodge apartments on Rucker Lane. They will each add 683 and 1,087 beds respectively.
      Altogether, the three complexes will add more than 2,300 beds to the student housing inventory near the university - more than has ever been added at one single point in time.
      Even with two other large student housing complexes coming on board at the same time, King is optimistic that Monarch301 will be as successful as Monarch544 near Coastal Carolina University.
      "Monarch544 is 100-percent full," she said. "We had a great move-in day, and anyone who is interested can visit the Monarch544 Facebook page to see pictures of the complex. The one in Statesboro will look very similar."

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