Campustown housing options expand as Gilbane Development Company begins work on an all-inclusive student apartment building on Lincoln Way.

“The location is ideal, offering students the opportunity to live just across the street from campus — a walking distance of about 500 feet,” said Russell Broderick, senior development manager at Gilbane.

Construction began this month at the 2320 Lincoln Way site, where First National Bank was previously located. The site is being developed by Gilbane into a modern apartment building with a residential-life program.

The new building directly across from campus will house 320 beds, have high-end amenities and easy access to the university and the surrounding commercial district.

“Being in the Campustown area is also ideal in that it allows students to enjoy the retail and dining conveniences right outside their door,” said Broderick.

The site will offer students amenities such as a computer center, controlled entrances, coffee bar, fitness center, tanning beds, study rooms and a courtyard with a fire pit and hammocks. Wi-fi and internet will be included in rent.

Available apartments will be furnished and come equipped with amenities that are often not found in student apartments such as washers and dryers, granite counters and large walk-in closets.

The all-inclusive community style of living offered by the apartment building varies from the more traditional apartments in Campustown.

The community environment that Gilbane hopes to create at 2320 Lincoln Way mirrors the social aspects of dorm life while offering a living space that is more comfortable and less utilitarian than those often found in residential halls on campus, according to the company.

The building will be a part of Gilbane’s “The Next Level of Student Housing” program, which combines the conventional aspects of college life, such as residential programs, with an off-campus high-end living space.

“From roommate matching programs to fun resident events coordinated by our team, our professional staff is there to cater to student needs and help create a true ‘live, learn’ environment,” said Broderick.

The luxury amenities and emphasis on catering to student needs makes some students wary of the price tag that may accompany the apartments.

“I feel like it’d be really nice, but I also feel like if it’s going to be that nice a lot of students can’t afford it without help,” said Mikayla Ahrens, sophomore in pre-business.

Gilbane has not yet released final prices for the one, two or four bed apartments and was unable to say whether the rent would be comparable to other prices in the area.

Students who are interested in exploring leasing options can stop by Gilbane’s temporary leasing center, managed by Asset Campus Housing, at 206 Welch Ave.