College Park Transforms Decades-Old Building into New Student Apartments

The Arbor repurposes former University Club building, adding modern amenities while reducing carbon footprint.

Published on Feb. 27, 2026

Developers in College Park, Maryland have refurbished a 159,000-square-foot former University Club building from 1965, transforming it into a new apartment complex called The Arbor. The project added features like in-unit washers and dryers, a yoga studio, fitness center, and sauna, while also utilizing the five-acre outdoor space for amenities like fire pits, grilling stations, a volleyball court, and hammock area. By redeveloping the existing structure instead of demolishing it, the developers estimate they saved over 4,000 metric tons of carbon emissions, equivalent to taking 870 cars off the road for a year.

Why it matters

As College Park continues to grow and evolve, repurposing older buildings into modern housing options helps the city maintain its character and history while also providing updated living spaces for the large student population near the University of Maryland campus. The Arbor's focus on sustainability through its redevelopment approach also aligns with broader environmental goals in the region.

The details

The Arbor's 134 studio, one- and two-bedroom apartments are now available for leasing, with monthly rents ranging from $1,815 to $3,425. New York-based Cape Advisors led the redevelopment project, which involved adding new in-unit amenities and outdoor recreation spaces to the former University Club building.

  • The original University Club building was constructed in 1965.
  • The Arbor apartment complex opened for leasing in 2026.

The players

The Arbor

A new apartment complex in College Park, Maryland that repurposed a 159,000-square-foot former University Club building from 1965.

Cape Advisors

The New York-based real estate development firm that led the redevelopment of the former University Club building into The Arbor apartments.

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The takeaway

The Arbor's repurposing of an older building into modern student housing showcases how College Park is balancing growth and development with preserving the city's history and character, while also prioritizing sustainability through its construction approach.