The five-story student housing project will be able to house 380 students.
It also includes garage and street parking along two blocks at 13th Avenue and Olive Street.
There have been some concerns about whether the project will finish on time.
But a spokesman says construction is moving along.
“Construction on 13th and Olive is going very well and we have no doubt that we’ll make the September 25th move-in deadline,” said Pat Walsh, Capstone project spokesman.
Walsh says the deadline is a week before students arrive.
Classes begin September 30th.