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RISE Development has broken ground on Residence Halls, a student housing project for the University of Tennessee in Knoxville, Tenn. The development’s first phase, slated for completion in August 2025, will bring online 1,954 beds across two communities, while Phase Two will add another 1,028 beds. The university’s total housing inventory currently amounts to 8,500 beds.
 
The first community will rise at the intersection of Andy Holt Avenue and 20th Street and bring online 788 beds, while the second residence hall, located between Caledonia and Terrace avenues, will comprise 1,166 beds across two buildings. Phase Two, envisioned at the intersection of Lake Loudon and Volunteer boulevards, is expected to deliver in the fall of 2026, pending state approvals. Downtown Knoxville is some 2 miles away, while U.S. routes 11 and 129 are less than 1 mile away.