Tuesday, March 20, 2007

Home Away From Home

Welcome to the latest trend in college football: luxury condominiums for fans wanting a second residence near their alma mater or favorite team.

Developments are springing up in several college towns to answer the demand, with GameDay Centers having already established its sports-themed buildings in Auburn, Tuscaloosa, Tallahassee (pictured) and Athens. Centers are under development in Knoxville, South Bend, Austin and College Station.

According to the GameDay site, "The condos, which range from tailgate suites and one-bedroom/one-bath units to three-bedroom/three-bath penthouses, include a wide variety of amenities such as premium parking spaces, private clubrooms, meeting facilities and an on-site rental management team."

Most owners only occupy their condominium on game days or other special events and rent out the units in the offseason.

Some colleges are sponsoring or partnering with developers on building college-linked communities. According to the South Bend Tribune, Michigan, Penn State, Purdue and Stanford are universities already offering such facilities.

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