Landmark Properties has completed The Mark Philadelphia, a 909-bed student housing community in Philadelphia. The 363-unit building is the tallest such property in the University City neighborhood.
Partners on the project included designer BKV Group, while the developer’s in-house construction arm served as general contractor. First Abu Dhabi Bank originated a $175 million loan for the project back in 2023.
The 34-story high-rise is the developer’s second ground-up project in the city and welcomed its first residents ahead of the fall semester.
Located at 3615-35 Chestnut St., The Mark is one block from the University of Pennsylvania campus and within walking distance of Drexel University. The Mark is also within walking distance of Amtrak’s 30th Street Station, as well as dining and retail options.
The property has studio and one- to six-bedroom floorplans ranging from 360 to 1,941 square feet. The apartments are fully furnished, while select layouts also include private balconies or patios and private bathrooms.
Common-area amenities include a rooftop deck with an outdoor swimming pool and heated spa, an indoor clubroom and several academic and coworking spaces. The community also has a fitness center, yoga lawn, wellness suite, sauna, sports simulator and outdoor areas.
One of the biggest student housing developers in the country, Landmark has more than $15 billion in assets under management, with more than 115 residential communities and 76,000 beds in its portfolio.
