Subtext has announced the opening of VERVE Orlando, a 626-bed student housing development at 3133 North Alafaya Trail near the University of Central Florida in Orlando. The 446,078-square-foot property features 200 residential units ranging from studios to five-bedroom apartments. Developed in partnership with FrontRange Capital Partners and Nuveen Real Estate, the project was designed by Dwell Design Studio, with interiors by ESG Architecture & Design. Live Oak Contracting served as the general contractor.
The development marks Subtext’s first completed student housing property in Florida. Construction began in summer 2024, with the first residents moving into the community in August 2026, ahead of the 2026-2027 academic year.
Credit: C+N Photography
Located less than a quarter mile from UCF’s main campus along Science Drive, VERVE Orlando is approximately an eight-minute walk from the university. The development incorporates more than 37,000 square feet of indoor and outdoor amenity space, with facilities dedicated to recreation, fitness, wellness, and academic activities.
“VERVE Orlando reflects our belief that student living should feel specific to the residents and the market it serves,” said Tim VanMatre, Founding Partner and Co-CEO of Subtext. “We leaned into the energy of Orlando to create a community that balances academics and wellness with entertainment, connection, and fun. The result is an experience that feels distinctly VERVE, but also distinctly Orlando.”
Residential amenities include a 24-hour fitness center, a dedicated yoga room, and a wellness suite with a sauna and meditation rooms. Outdoor recreational facilities feature a courtyard swimming pool with a sun shelf and hot tub, landscaped green space, fire pits, and grilling stations.
Additional indoor amenities include a karaoke lounge, golf simulator, speakeasy with arcade games, and a club room with indoor games. Academic and workspaces consist of a study lounge with private and group study pods, an outdoor study breezeway, and a podcast and content creation room. The property also provides a lobby coffee bar, pet spa, electric vehicle charging stations, and bicycle and scooter storage areas equipped with charging and repair stations.
As part of the development, Subtext completed improvements to Innovation Trail North, including widening the sidewalk along the property’s western edge to 10 feet. The improvements were designed to accommodate pedestrian circulation and strengthen connections between the residential community and the UCF campus.
The project is situated near one of the nation’s largest universities by enrollment. UCF reported more than 70,000 students during the fall 2025 semester, making it Florida’s largest university by enrollment and among the largest institutions in the United States. The university’s main campus is also adjacent to Central Florida Research Park, which accommodates research and technology-related operations.
The development team includes Dwell Design Studio as architect, ESG Architecture & Design as interior designer, and Kimley-Horn and Associates, Inc. as civil engineer. Live Oak Contracting completed construction, while Simmons Bank provided financing. FrontRange Capital Partners and Nuveen Real Estate partnered with Subtext on the development.
“The VERVE Orlando project aligns well with our student housing development strategy, which is focused on delivering new, Class A, fully amenitized student rental housing in large and growing university markets across the country, including Orlando,” said Carlos Burneo, Nuveen’s lead for housing development in the U.S. “This is an exciting start to our development relationship with Subtext.”
VERVE Orlando is among five student housing developments delivered by Subtext ahead of the 2026-2027 academic year. Collectively, the five properties comprise 3,105 beds across the company’s student housing portfolio.
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Wow… the garage is taller than the building.