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New Student Housing Project Vibe Near University of Central Florida

Construction of the Vibe student housing project near UCF

News Summary

A new student housing project named Vibe is currently under construction near the University of Central Florida (UCF), set to accommodate over 1,700 students. The project, located at Quadrangle and Corporate Boulevards, aims to address the growing demand for student accommodation in the area. With amenities like a fitness center and pool, the project is expected to open in Fall 2026. However, rising rent prices have sparked concern among students, highlighting the urgent need for affordable housing solutions in relation to UCF’s increasing enrollment.

Orlando, FL – A new student housing project named Vibe is currently under construction near the University of Central Florida (UCF), aiming to address the increasing demand for student accommodation in the area. Located at the intersection of Quadrangle and Corporate Boulevards, the project is set to provide housing for over 1,700 students, with plans for up to 428 apartment units and a total of 1,712 bedrooms. The expected opening for residents is slated for the Fall 2026 semester.

The Vibe project is designed with several amenities to enhance the living experience for students, including a fitness center, pool, and outdoor garden. However, projected rent prices for the units are anticipated to commence in the low thousands per month, raising concerns amid a survey indicating that over 80% of students believe the housing situation is in crisis. The average monthly rent for students in Orlando currently stands at approximately $1,044.45, a figure that reflects significant growth, with some recent Census data revealing rent prices have surged over 30% since 2019.

The surge in demand for student housing can be largely attributed to UCF’s enrollment increase, which has grown by nearly 10,000 students since 2013. In response to this spike, at least nine off-campus housing projects are now in various stages of development in the vicinity of UCF, collectively expected to offer an additional 7,500 beds. This trend signifies the urgency of addressing students’ housing needs amidst rising rental prices.

Concerns regarding the psychological well-being of students due to escalating rent prices have been voiced by several in the community. Comments from graduating seniors indicate a growing sense of anxiety, pointing out that housing stability is essential for academic success and mental health. As many students navigate their educational journeys, the stress inflicted by unstable housing situations is increasingly recognized as a detrimental factor.

The construction of the Vibe student housing project is managed by Clancy and Theys, a company that has successfully developed other student housing complexes, including the Current Orlando. As this project progresses, it seeks to alleviate housing pressures and provide students with a more convenient living arrangement close to their campus.

While the project is a step towards meeting the significant demand for student accommodations, experts have yet to provide public comments regarding the anticipated impact on the housing market. As it stands, the current conditions indicate a substantial need for more affordable and stable housing options for students at UCF.

The ongoing development of Vibe, alongside similar projects in the area, reflects a broader effort to correlate student housing with enrollment growth, responding to the evolving landscape of off-campus living. With the projected opening date approaching, students, faculty, and community members alike will be monitoring the progress, hoping that these developments will bring about a positive change in the local housing market.

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Additional Resources

STAFF HERE ORLANDO WRITER
Author: STAFF HERE ORLANDO WRITER

ORLANDO STAFF WRITER The ORLANDO STAFF WRITER represents the experienced team at HEREOrlando.com, your go-to source for actionable local news and information in Orlando, Orange County, and beyond. Specializing in "news you can use," we cover essential topics like product reviews for personal and business needs, local business directories, politics, real estate trends, neighborhood insights, and state news affecting the area—with deep expertise drawn from years of dedicated reporting and strong community input, including local press releases and business updates. We deliver top reporting on high-value events such as Orlando International Fringe Theatre Festival, Megacon Orlando, and Central Florida Fair. Our coverage extends to key organizations like the Orlando Economic Partnership and Hispanic Chamber of Commerce Metro Orlando, plus leading businesses in leisure and hospitality that power the local economy such as Walt Disney World Resort, AdventHealth, and Universal Orlando. As part of the broader HERE network, including HEREJacksonville.com, HEREPetersburg.com, HERETallahassee.com, and HERETampa.com, we provide comprehensive, credible insights into Florida's dynamic landscape.

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