Investors considering letting properties to students in one of the country’s major university cities may have to think again.
A huge scheme of purpose built student accommodation has been approved by Nottingham council.
The project features an up-to-12-storey, 702-bed purpose-built student development, featuring blocks dedicated to a range of accommodation types including studios and cluster living.
Amenities include high-level multi-media lounges and co-working spaces, as well as gaming zones and quiet areas for study and relaxation.
The new accommodation is likely to be available for students from the start of the 2023/24 academic year.
A spokesperson for the developer says: “Nottingham is a world-renowned university city, and the student population is growing rapidly to reflect that. Add in the demand from second- and third-year students to remain in PBSA, and it is clear there is a real need for quality student beds in the city.
“This element of the scheme really supports our plans for intergenerational living across the site. One of the biggest impacts of the pandemic has been that people of all ages are reassessing their relationship with where they live, and we want to create places and spaces where people can live, work and thrive.”
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