WEST LAFAYETTE, IN — LV Collective, a national real estate developer, has announced plans for Rambler Levee District, a major mixed-use residential project in West Lafayette, less than a half mile from Purdue University. In partnership with Harrison Street, an investment firm specializing in alternative real estate with nearly $56 billion in assets under management, the development will bring 799,289 square feet of residential and retail space to the Levee District.
TSB Capital Advisors consulted on construction financing for the project, which was provided by Pacific Life. The development team includes Indianapolis-based real estate development group Landmark Properties Inc., WDG, Brinkmann Constructors and Variant Collaborative. Legal counseling was provided by DLA Piper.
The project will feature two buildings with a total of 583 apartments and offer a range of high-end amenities designed to support the lifestyle of West Lafayette and Purdue residents.
Planned facilities include coworking spaces, study and conference rooms, a clubroom, multiple pools, fitness studios, and a 20,000-square-foot public plaza with retail and greenspace to create a community hub for residents. An additional 15,600 square feet of retail space is also included in the design.
Construction is slated to begin in late 2024, with completion expected in Fall 2027.
