READING, PA — MPG Impact Development, an affiliate of Mediplex Property Group (MPG), has announced the completion of a 365-bed housing project at Albright College in Reading, PA. The new residence hall, a five-story, 135,000-square-foot building, is perfectly positioned to offer students a convenient and comfortable living experience.
The housing complex sits on a four-acre site adjacent to campus, placing students within easy reach of academic buildings and other college facilities. Moreover, its location across from the college’s main athletic complex and football stadium means that students will be at the heart of college life, with easy access to sporting events and other activities.
Designed with the modern student in mind, the residence hall offers suite-style living with both single and double rooms. Each floor features spacious lounge areas, providing communal spaces for students to relax, study, and socialize.
The new housing project, dubbed Mediplex Albright Residences, is master-leased to Albright College and represents the latest addition to MPG’s growing portfolio.
Mediplex Property Group is a relationship-based, assignment-driven real estate developer specializing in the student housing, senior housing, and healthcare sectors. By partnering with clients or acting as their preferred developer, Mediplex provides tailored real estate solutions that enhance user experience and benefit providers through programmatic development, co-investment, and enhanced portfolio monetization.
The completion of the Mediplex Albright Residences underlines MPG Impact Development’s commitment to delivering high-quality student housing. It also underscores the growing trend of colleges and universities partnering with experienced developers to provide students with modern, convenient living options.
By offering a blend of comfort and convenience, the new housing project at Albright College aims to transform the student living experience and contribute to the overall growth and development of the campus community.
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