Student housing-led schemes in London and Newcastle worth £57m have helped GB Building Solutions exceed its annual target for the student accommodation sector. The company has now started work on the foundations for three schemes which are due for occupation in the 2015 academic year.
The GB Group student accommodation specialist Dan Spencer said: “Student housing has been one of the best-performing property sectors during the recession and, as an experienced contractor we set ourselves ambitious targets for the year.
“These latest contracts have been negotiated and planned with the developers’ design teams to ensure best value and the highest quality and environmental standards in the tight timescales available. We’re delighted to be working with both public and private sector clients to deliver attractive and commercially viable student housing that will make a valuable contribution to the communities in which they are built.”
In London, GB Building Solutions are delivering a project for The Collective, a property company specialising in student accommodation in central London. The £36m Old Oak Common mixed-use scheme in Ealing includes student housing comprising 551 beds, with some two-bed studio apartments sharing kitchenette facilities, with amenity spaces including a lounge, library, bar, gym, spa and private event spaces. In addition there will be 4,000 sqm of office/incubator units, retail and community spaces. The design team includes PLP Architecture and WCEC Architects.
Also in London, work is underway for a private developer on the £5.5m Kingston Plaza project for the development of 131 student rooms. The site is conveniently located for Kingston University and the five-storey scheme will comprise a mixture of studios and en suite rooms.
In the north east, GB Building Solutions is on site at developer Nixon Homes’ £14m 371-bed student housing scheme, next to the Discovery Museum at Blandford Square in Newcastle. GB assembled the design team, including Day Architecture and Dudleys Consulting Engineers, and has value engineered the scheme to increase the number of rooms without compromising the build quality and finishes.