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Deven Group, Parallel to Develop 631-Bed Student Housing Project Near Baylor University

Summary by REBusinessOnline
WACO, TEXAS — Development Ventures Group, known as Deven Group, and Austin-based owner-operator Parallel will develop a 631-bed student housing project near Baylor University in Waco. The site at the corner of James Avenue and 5th Street will house a seven-story building with 265 units in studio through five-bedroom configurations. Amenities will include a resort-style pool and a sky lounge. The groundbreaking for the project is scheduled for Ap…
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REBusinessOnline broke the news in on Tuesday, December 16, 2025.
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