A conceptual rendering of what the student housing project at App State’s Appalachian 105 property in Boone could look like, once completed. The project, called Mountaineer Ridge, will include approximately 850 student housing beds in a mix of one-, two-, three- and four-bedroom apartment units, along with approximately 1,000 surface parking spaces, which are anticipated to be available in fall 2027. Graphic courtesy of RISE: A Real Estate Company and Niles Bolton Associates
The student housing project at App State’s Appalachian 105 property is one of several major projects underway at Appalachian State University to enhance the App State Experience.
The project supports App State’s strategic priorities, as well as and the university’s goals and metrics associated with the University of North Carolina System’s strategic plan. It will benefit students, academics and the community.
About
Mountaineer Ridge is a new App State student housing complex that is being developed at the Appalachian 105 property, which is located 1.5 miles from the university’s Boone campus, off Highway 105. An AppalCART bus route serves the site, providing access to the Boone campus.
The housing project is designed to meet increasing demand for on-campus housing from upper-division students (sophomores, juniors and seniors), including transfer students, providing privacy-focused apartments that are high quality and affordable. It will include up to 850 student housing beds in a mix of one-, two-, three- and four-bedroom apartment-style units, along with approximately 1,000 surface parking spaces and infrastructure for additional student support services.
The project is the latest in a series of public-private partnership (P3) housing developments at App State, including:
- the construction of 2,300 beds in four new student residence halls, completed in 2022, which replaced six aging structures; and
- the development of more than 150 faculty and staff housing units at the university’s Innovation District, which will open for residency this fall and help meet App State employees’ housing needs amid housing scarcity and cost inflation in Boone.
A 34-acre portion of the property has been developed into the Appalachian 105 Sports Complex, which consists of the Randy Marion Track and Field Facility, the new Sywassink/Lloyd Family Softball Stadium, a team support building and outdoor tennis courts, as well as an indoor tennis courts facility that is currently under construction.
App State began exploring development options for the Appalachian 105 site through three interactive listening sessions, held in January 2018, which allowed campus and community members to share ideas for the property’s use. Among the proposed development ideas: campus parking facilities, recreation space for both university and community use, a multipurpose venue for events, university athletics facilities, student and/or faculty and staff housing, an academic facility, outdoor educational space, and child and/or elder care facilities.
View the property on Google Maps

A conceptual rendering of what the student housing project at App State’s Appalachian 105 property in Boone could look like, once completed. The project, called Mountaineer Ridge, will include approximately 850 student housing beds in a mix of one-, two-, three- and four-bedroom apartment units, along with approximately 1,000 surface parking spaces, which are anticipated to be available in fall 2027. Graphic courtesy of RISE: A Real Estate Company and Niles Bolton Associates

This artist’s rendering provides a view of the Mountaineer Ridge student housing project from the adjacent Appalachian 105 Sports Complex. The complex includes the Randy Marion Track and Field Facility, the new Sywassink/Lloyd Family Softball Stadium, a team support building and outdoor tennis courts, as well as an indoor tennis courts facility that is currently under construction. Graphic courtesy of RISE: A Real Estate Company and Niles Bolton Associates

An artist’s rendering of what an interior quad area at the Mountaineer Ridge student housing project might look like, once completed. The new App State student housing will be located at the university’s Appalachian 105 property, 1.5 miles from the Boone campus, and will include approximately 850 student housing beds in a mix of one-, two-, three- and four-bedroom apartment units. Graphic courtesy of RISE: A Real Estate Company and Niles Bolton Associates

This graphic provides an aerial overview of App State’s Appalachian 105 property, depicting both the Appalachian 105 Sports Complex (shown at bottom of image) and the new Mountaineer Ridge student housing complex that is under construction adjacent to the sports complex (shown at top of image). Graphic courtesy of RISE: A Real Estate Company and Niles Bolton Associates
Status
At its April 2025 meeting, the University of North Carolina Board of Governors authorized the university to enter into ground lease and use agreements to develop the Mountaineer Ridge student housing complex. App State’s Board of Trustees approved the acquisition by lease on March 14, 2025.
Site preparation for the construction of the project began in May 2025, and construction is expected to be completed by fall 2027. Site demolition and erosion control were completed this summer and underground utilities installation is in progress. Additionally, work continues for the site’s retaining walls and workers are installing elevator pits and stair tower foundations for the housing facilities that will be constructed at the site.
A rezoning designation — from business-related to educational-related — for the student housing site was approved by the Boone Town Council and the Town of Boone Planning Commission in February 2025. At its May 6, 2025, meeting, the commission approved the university’s land release request for nearly 19 acres of the former Watauga High School site, which allowed App State to move forward with the student housing development.
A ground lease is an agreement in which a tenant is permitted to develop a piece of property during the lease period, after which the land and all improvements are turned over to the property owner. The university’s endowment, which owns the Appalachian 105 property, has entered into a 10-year ground lease with Mountaineer Ridge LLC — a company of the Appalachian Real Estate Development Corp., an affiliated, nonprofit entity of the university. Mountaineer Ridge LLC has entered into a development agreement with a private developer to build the housing complex and construct the associated parking spaces. The complex will be owned and managed by Mountaineer Ridge LLC, with App State being responsible for the operations and maintenance of the project. The university will assume ownership of the project at the end of the 10-year lease agreement.
App State is working with the following entities to develop the Mountaineer Ridge student housing complex:
- Developer: RISE Development LLC
- General contractor: Choate Construction
- Architect: Niles Bolton Associates
- Civil engineer: Thomas & Hutton
App State and the Town of Boone have received approval from the North Carolina Department of Transportation (NCDOT) to have a traffic light installed at the Appalachian 105 property’s entrance along Highway 105, and the university is working to secure a contractor for the installation. This measure would help ease ingress and egress to the site, as well as assist in improving left turn safety at the intersection of Highway 105 and High School Drive.




How is it funded?
The student housing project at Appalachian 105 is estimated to cost up to $120 million and will be developed through a public-private partnership (P3) that does not rely upon state funds, or any capital from the university.
The P3 is made possible by the property’s millennial campus designation, which gives App State the flexibility to lease properties to private sector partners for development, secure financing for development of properties through bonds, and retain revenues earned by such leases.
Compared with the traditional construction process, public-private partnerships can achieve significant cost savings on large projects due to a streamlined agreement with one developer. The construction of four new residence halls on the west side of campus was estimated to have saved the university at least $70 million.
Who will benefit?
Upper-division App State students, including transfer students, will benefit from this student housing project. It is anticipated that adding additional beds to the university’s on-campus inventory should have a positive effect on the long-term rental housing market in the Boone area, helping balance the supply and demand.
How does it support App State strategic priorities?
This project aligns with App State’s 2022–27 strategic priority of cultivating a university community focused on advancing student success, through providing both support and campus resources.
Housing is critical in the recruitment, retention and persistence of App State’s students and their overall success at the university. In a recent survey, 85% of students said availability of housing was an important factor in their decision to remain at App State.
How does it support UNC System Goals and Metrics?
An enhanced campus designed with students, faculty, staff and the public in mind supports recruitment and retention of all members of the university and local communities.
- Campus Construction Projects
- State Funding Support
- Master Plan
- Glossary
- Parking and Transportation Messages
Major current projects:
Major completed projects:
- Wey Hall Renovation
- Holmes Drive Parking Deck
- Dining Facilities Renovations — Central Dining Hall and Trivette Hall
- University Bookstore Renovation
- Residence Halls
- Child Development Center Expansion
- Kidd Brewer Stadium — North End Zone
- Career Development Center relocation
- Sanford Hall Renovation
- Blue Ridge Way
- NPHC Plots and Garden
- Leon Levine Hall of Health Sciences
- Founders Plaza
An aerial view of areas receiving millennial campus designation at Appalachian State University. Video by Marie Freeman