Celeron Square, University of Connecticut (Celeron Square Associates)
Celeron Square Associates has completed the first half of a 324-unit student housing complex on the Storrs campus of the University of Connecticut. Phases I and II, consisting of 64 and 96 units respectively, are 100% leased. Celeron Square consistently wins the “Best of Storrs” award in the apartment category. Phase III, consisting of 120 units, is currently under development.
Celeron Square is one of the closet apartment complexes to the UConn Storrs campus. It is less than one mile away, along both a wooded bike path leading to campus and the University shuttle bus. The property is comprised of 20 two-story buildings. The 160 units offer an assortment of 1, 2, and 3 bedroom units. Celeron has among the highest staffing levels of any apartment complex and a Site Monitor team who help ensure the safety and security of the property and its residents.
Flagship acquired the interests of its original partner, DKM Properties Corp., a subsidiary of the Dyson Kissner Moran Corporation, a private investment company based in New York City.