The 169-unit Arlington Lofts will replace the 45-year-old, 120-unit Catalina Apartments at 815 W. Abram Street. The four-story complex sits one block north of The University of Texas at Arlington, one of the nation’s fastest growing research universities. The Arlington Lofts are fully furnished and will feature full kitchens, individual bathrooms, a pool, fitness center, cyber cafe, and courtyard. A total of 549 bedrooms will be available for students: four 1-bedroom units, 48 two-bedroom units, 19 three-bedroom units, and 98 four-bedroom units.The 4.2-acre site currently has a value of $2.5 million and the new complex is expected to be worth $31.5 million. In addition, a three-story garage will provide 475 parking spaces for students. The Arlington Lofts are expected to open in August 2016.