Work is underway for the fourth Hub student-housing tower on Speedway and Park Avenue.
Crews have torn down the former retail strip to make way for 152 townhouse-style units with 485 bedrooms for rent.
The newest tower will sit atop a new retail strip.
At its tallest point, the complex will be 84 feet high and feature a penthouse, pool terrace and mezzanine.
Developers Core Spaces plan to open Hub IV for the 2021 school year.