Parallel Co. to Develop 671-Bed Community Near Texas Tech University in Lubbock

  • 7/31/2024

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Student Housing Business
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Lubbock, Texas — Parallel is set to break ground on a 671-bed student housing development at 2413 S. 14th St. near the Texas Tech University campus in Lubbock. The project will offer a mix of studio through five-bedroom units alongside shared amenities including a full-service smart market, influencer room, fitness space, study areas, conference rooms and a sky lounge overlooking campus. The development team for the project includes BOKA Powell Architects, A Royal Interiors, Parkhill, RLG Consulting Engineers and Teinert Construction. The development is scheduled for completion ahead of the fall 2027 semester. “We are thrilled to be moving forward with this development in Lubbock,” says Parallel Principal David Pierce. “We have always been big supporters of Texas Tech through our volunteer and advisory work with the Huckabee College of Architecture. We recently opened a Lubbock office and intend to bring our best version of a Parallel visioned, purpose-built student property to this fantastic location adjacent to campus.” 

Parallel Company
David Pierce | Principal, Investment/Development

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