Gilbane Development Company announces the groundbreaking of
Pique, a new purpose-built student housing development located at
2587 Telegraph Ave in Berkeley,
CA. Strategically positioned just four blocks from the
University of California Berkeley ("UC
Berkeley"), the project aims to redefine student living with modern
amenities and thoughtful design.
BERKELEY, Calif., Dec. 18,
2024 /PRNewswire-PRWeb/ -- Gilbane Development
Company announces the groundbreaking of Pique, a new purpose-built
student housing development located at 2587 Telegraph Ave in
Berkeley, CA. Strategically
positioned just four blocks from the University of California Berkeley ("UC Berkeley"),
the project aims to redefine student living with modern amenities
and thoughtful design.
"We focus on efficiency, privacy, and
functionality to innovate and meet Berkeley students' needs affordably," said
Christian Cerria, Development
Director at Gilbane Development Company. "Pique is our first
project to offer 100% units with balconies, and split bathrooms for
privacy and well-being."
Pique will transform the former Buffalo Exchange store into an
eight-story residential building offering 52 units and 485 beds of
purpose-built student housing. Scheduled for completion in summer
2026, the project includes 2,900 square feet of ground-floor retail
space, enhancing the vibrant Telegraph Downtown Corridor.
Pique is set to elevate student living with its exceptionally
designed unit mix, offering affordable Class A Premium Student
Housing (PBSH).
"We are focused on making every inch count with efficiency,
privacy, and functionality at the core of the design, driving
innovation that caters to the needs of Berkeley students at an affordable price
point," said Christian Cerria Development Director at Gilbane
Development Company. "Pique is the first student housing project in
our portfolio to offer 100% of the units with balconies,
bedroom/bathroom parity, bed/vanity parity, and split bathrooms
that create an environment promoting privacy and mental
well-being."
The remarkable array of amenities is meticulously crafted for
Berkeley students, providing an
unparalleled blend of luxury and practicality. These include an
indoor/outdoor yoga/fitness center, an outdoor study space, a
cabana area, and two rooftop decks, one west-facing capturing
stunning unobstructed views of the Bay Area for lively socializing
while the other east-facing to create distinct spaces for serene
contemplations. The project also includes a ground-floor coworking
lounge, smart food lockers, private study pods on each floor, and
comprehensive bike/scooter storage & charging stations to
encourage eco-friendly transportation choices.
Inside the units, students will discover a suite of
sophisticated conveniences that cater to their lifestyle needs.
Each unit is equipped with stainless steel appliances and in-unit
Laundry. Some larger 5- and 6-bedroom units are outfitted with dual
washer and dryer sets and double pantries. In-home amenities such
as key fob access, vinyl plank floors, stone countertops,
flat-screen TVs, functional furniture, and doorbells, ensure a
modern and secure living space. The commitment to fostering a
connected community is further highlighted by the Community Terrace
on Level 3, a specially designed space for relaxation and social
engagement, enhancing the communal experience for residents.
"The groundbreaking of Pique marks a significant milestone for
Gilbane Development Company and the Berkeley community," said Katy Moore, Director of Leasing at Gilbane
Development Company. "This development is not just about meeting
the growing demand for student housing; it's about fostering a
sense of community and belonging among students and guests. We're
committed to creating spaces that not only contribute to the
vibrancy of Berkeley's downtown
area but also support the well-being and interconnectedness of its
people within the community."
UC Berkeley, ranked #1 public university in the US by Forbes,
faces a critical shortage of on-campus housing. Gilbane Development
Company aims to develop dynamic communities that support students'
academic and social needs, contributing to their overall success
and well-being.
Pique is scheduled to open for occupancy in Summer 2026. Leasing
will begin in the Fall of 2025. Please visit PiqueBerkeley to learn
more or to join the VIP list.
About Gilbane Development Company
Gilbane Development Company is the real estate development,
financing, and ownership arm of Gilbane, Inc., a 154-year-old
family-owned company. With over $8.5
billion in development and more than 25,000 units of housing
completed/underway, Gilbane Development Company's projects
incorporate every aspect of real estate including: multifamily
housing (market rate apartments, student housing, and affordable
housing); mixed-used developments; healthcare facilities; K-12
schools; government facilities; and many types of facilities
delivered through public-private partnerships. To learn more, visit
http://www.gilbaneco.com/development.
Media Contact
Stephanie Handfield, Gilbane
Development Company, 1-401-456-5456, shandfield@gilbaneco.com,
https://www.gilbaneco.com/
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SOURCE Gilbane Development Company