Toll Brothers and CanAm Capital Partners Open Luxury Student Apartments in Miami

Toll Brothers, in partnership with CanAm Capital Partners, has announced the opening of Lapis, a luxury high-rise apartment community in Miami, Florida. Designed exclusively for college students, Lapis offers a premium living experience adjacent to the prestigious Florida International University (FIU) campus.

Spanning over 763,500 square feet, Lapis features 293 units and 1,086 beds across its 20 stories. The community offers a range of living arrangements, including studio, one-, two-, three-, four-, and five-bedroom luxury rental apartments. With its prime location and well-appointed residences, Lapis provides students with unparalleled convenience and comfort.

Lapis boasts an array of amenities, including a state-of-the-art fitness center, an expansive deck with a Jumbotron, a pool, grilling areas, private study and meeting rooms on each floor, and a computer lounge with complimentary printing services. The community also offers various services such as valet trash, self-serve package lockers, secured refrigeration for food delivery, and high-speed community-wide Wi-Fi. Residents can enjoy secured access control, 24-hour on-site security personnel, and a gated parking garage with electric vehicle charging stations.

The development of Lapis was financed through a $103 million construction loan facility from Ocean Bank. Toll Brothers Campus Living, responsible for the development, construction, marketing, and asset management of Lapis, has collaborated with renowned architects Humphreys & Partners, interior designers Mary Cook Associates, and branding agency Streetsense to create a luxurious and student-centric community.

Richard Keyser, Vice President of Acquisition and Development for Toll Brothers Campus Living, expressed delight in welcoming residents to Lapis, emphasizing the seamless integration of off-campus living with the proximity to the FIU campus. He highlighted the well-appointed residences and resort-style amenities that offer students an unparalleled living experience.

John McCullough, President of Toll Brothers Apartment Living, praised Lapis for exemplifying the quality and luxury living experience associated with the Toll Brothers brand. He emphasized the community’s exceptional materials, amenities, design, construction, and resident services, which cater to the needs and lifestyle of today’s students.

Lapis marks Toll Brothers’ first multifamily project in Florida and joins their growing Toll Brothers Campus Living student housing portfolio nationwide. Previous developments include The Yards at Old State at The Pennsylvania State University, Canvas at Arizona State University, and Terrapin Row at the University of Maryland.

With its prime location and commitment to providing a premium living experience, Lapis is set to become a sought-after residence for students at FIU. Toll Brothers and CanAm Capital Partners have once again demonstrated their ability to deliver outstanding projects that meet the needs of students and investors alike.

For more information about Lapis, visit LiveLapis.com.