Good Food Flats student housing project completed

ON MODULAR: Cross Properties has completed a $20 million student housing project in Philadelphia called Good Food Flats.

The developer partnered with Drexel University on the project at 4030 Baring St. that incorporates several amenities geared toward students attending the school’s hospitality and sports management program. A commercial kitchen and a garden area to grow herbs, vegetables and other plants are part of the project as well as study pods that look similar to co-working spaces.

Good Food Flats was constructed using modular components. 

To further differentiate itself from the competition, the developer will also provide other programming to tenants that is centered on cooking, careers, wellness, and other areas that seek to foster various aspects of a student’s life in college. “At the end of the day, it’s all about building a community,” said Kevin Michals, managing partner of Cross Properties.

While it caters to students in Drexel’s hospitality program, Good Food Flats is open to other students as well. It has 175 beds. The average bed in a fully furnished unit runs $800.

Source: Philadelphia Business Journal