a new student housing community located at the edge of the Oregon State University campus in Corvallis – is being developed to meet a pressing community need for student housing that doesn’t displace families in existing residential neighborhoods.
Over the past decade, student enrollment has grown by more than 30%, while few dorm rooms have been built on-campus. Housing is hard to find – citywide vacancy rates for rentals are below 1%, making Corvallis the tightest student housing market in the U.S.
The Retreat at Oak Creek is designed with bicycles in mind. Close proximity ensures that most residents will bike or walk to campus.
Voter-Approved Annexation Required
The Retreat at Oak Creek site adjoins the OSU campus – but is just outside Corvallis city limits. To receive full city services, the site must be annexed into the city. Corvallis voters are given a chance to decide.