JONESBORO, AR (KAIT) - Students and faculty at A-State will soon have new housing off campus.
Haag Brown Commercial announced Thursday two major land deals in Jonesboro, including a new $20 million student housing project near the Arkansas State University campus.
Zimmer Development Co. purchased a 15.7-acre plot of land located on the northwest side of East Johnson and University Loop.
Zimmer plans to build 240 apartments, containing a total of 720 bedrooms.
Students or faculty will be able to rent by the bed, not by the apartment.
The other land deal involves a three-acre plot along the intersection of Stadium and Parker.
Osment & Copeland Investments will build a new new pre-owned automobile dealership, set to open early next year.
Copyright 2016 KAIT. All rights reserved.