*This article has been corrected.
CSUâ€™s newest apartment building is now accepting lease applications for the 2010-2011 academic year and has been since November.
Building administrators anticipate every room to be spoken for within the next two months, said Paul Brinkman, President of Brinkman Partners, the Fort Collins company developing the complex.
The structure, located across from campus on Mason Street, offers exclusive accommodation to students in one-, two- and three-bedrooms units for $800 to $900, $1,250 and $1,575, respectively.
Although individual rates are higher than rooms in other, similar style apartment buildings, Brinkman said students are still willing to pay to live in the Flats.
â€œItâ€™s location. Itâ€™s right across the street from campus,â€ Brinkman said. â€œReally itâ€™s all the amenities. Each unit has private bathrooms, private washer and dryer, private deck, private storage unit.â€
The building will also feature restaurants on the main level, reserved parking and bike storage, said Brinkman Partners Engineer Brandon Grebe. Each will have room a system for residents to control the heating and cooling and will be cable and high speed Internet ready for a fee of $75 per month.
Construction on the more than $9 million project began in May 2009 and is expected to be complete in June 2010.
The Flats are to house CSU undergraduates and graduates and will feature 98 bedrooms along with 98 bathrooms, said building and development review tech for the city Sandy Lindell.
The building sits in place of the old residence of CSUâ€™s Sigma Alpha Epsilon fraternity, which was torn down last summer.
The fraternity, whose former residence was more than 80 years old, worked with Brinkman Partners to have a presence in the building in the form of meeting space on the west end of the first floor.
This lodge space will have a kitchen, bathroom and a study room, but similar to the retail space, will only be open for day use so that Brinkman Partners can control hours of use, Brinkman said.
Applications are still being looked at and accepted. Residents can begin moving in beginning in July, though most leases start Aug. 1. Half of the rooms have approved applications, Brinkman said.
Students can visit http://www.FlatsattheOval.com for room information and housing applications.
Staff writer Joe E. Goings can be reached at email@example.com.