Hull Uni secures £130m accommodation scheme

hull-uni-secures-130m-accommodation-schemeUniversity Partnerships Programme (UPP) has been appointed as preferred bidder to deliver a new student accommodation scheme for the University of Hull valued at around £130 million.

The 43-year partnership between the University and UPP will provide a further 1,450 students with a room, helping to meet the growing demand for high quality, on-campus accommodation.

The scheme will comprise a mixture of new build and estate transfer and UPP will raise the required investment and handle the design, construction and operation of the scheme. The construction value of the project is more than £80 million.

This latest partnership boosts UPP’s portfolio to around 31,500 rooms through long term partnerships with 15 leading universities across the UK.

Once the transaction is complete, UPP will have invested approximately £2.2 billion in universities across the UK since 1998, demonstrating the appetite amongst long term institutional investment for the higher education sector.

Sean O’Shea, Group Chief Executive of UPP, said: “We are committed to driving investment into the UK’s higher education sector and plan to invest a further £1 billion into universities over the next two years that will help deliver world class infrastructure and continue attracting the brightest and best students from across the world.”

Stephen Willis, Chief Finance Officer at the University of Hull, said: “The bold transformation well under-way on campus is a critical element in ensuring an outstanding student experience and a huge statement of confidence in the future of both the University and the city of Hull. We’re proud to be investing so significantly in making Hull a highly desirable place to live, work, study, visit and invest.”

Balfour to build £42m student housing scheme

Balfour to deliver £42m student housing schemeBalfour Beatty has been awarded a 454-unit student accommodation scheme in Vauxhall, London for Urbanest, a developer and operator of student housing in central London.

Having previously delivered 2,520 units across five central London schemes for Urbanest as part of a long-running partnership, this latest £42 million project at 5 Miles Street, Vauxhall will include 454 apartments at a variety of price points.

The 33-storey building will include a wealth of personal and communal study areas, lounges and a cycle store, together with significant enhancements to the public realm.

With focus on long term sustainability, photovoltaic panels and a green roof will be incorporated in order to minimize carbon emissions and reduce fuel consumption, alongside a combined heat and power (CHP) unit designed to recycle heat and energy within the development.

The scheme will create a number of jobs locally alongside an additional 20 apprenticeships as part of Balfour Beatty’s ongoing commitment to The 5% Club, which aims to have a minimum of 5% of the total workforce made up of apprentices or graduates.

The development will contribute to the wider £400 million regeneration of Vauxhall Square, which will include a significant amount of new office and residential development, alongside a new hotel and cinema complex.

Construction for 5 Miles Street is set to begin imminently and is scheduled to complete in summer 2018.

David Kennedy, Managing Director of London Region for Balfour Beatty said:“We are looking forward to continuing our longstanding relationship with Urbanest.

To date we’ve delivered over 2,500 units of student accommodation for Urbanest and over 20,000 beds for private sector customers and academic institutes as well as significant investment into a number of schemes.

Vauxhall Square is an important part of London’s development by incorporating the local student population into the local community and we’re pleased to be a part of the wider project”.

Willmott Dixon wins Uni of London accommodation scheme

Willmott Dixon wins Uni of London accommodation schemeWillmott Dixon is to create ‘new model for student accommodation’ at Royal Holloway, University of London, after being awarded a contract to provide rooms for 621 students on its North Campus.

The project involves construction of 56 three and four storey townhouses that will provide housing and student accommodation.

Michael Berry, Director of Estates at Royal Holloway, said: “This provides an exciting new model for student accommodation to serve Royal Holloway for years to come.

Townhouses encourage communal living, with shared facilities and common areas, and our development among mature trees will include green spaces and sheltered paths connecting residences to the main campus.”

The project forms part of a masterplan which will develop Royal Holloway’s historic estate into a 21st-century campus that meets the needs of people studying and working at the university.

The project underlines Willmott Dixon’s role as a leader in the housing sector, with it building over 2,000 new homes each year, as well as developing a further 500 homes through its private sale brand Prime Place and PRS company Be:here.

Charlie Scherer, Chief Operating Officer of Willmott Dixon Housing said: “This is an excellent template for providing student accommodation and plays well into our housebuilding skill-sets. We look forward to providing future students of the Royal Holloway University with first-class places to live while they study.”

Berkeley strikes deal on 3,500-home East London site

Berkeley strikes deal on 3,500-home East London siteA total of 3,500 new homes, a school and a park will transform a disused Parcelforce depot in east London, thanks to an agreement between the Mayor of London and Berkeley Homes.

The 10 hectare site in Stephenson Street, Newham will boast a new school and green space, as well as nearly 100,000 sq ft of community, business, leisure and retail space.

More than 1,200 of the 3,500 homes will be for affordable rent or shared ownership. It is part of the Mayor Boris Johnson’s wider push to strengthen institutional investment in the residential market in London, with City Hall initiatives aimed at boosting both shared ownership and purpose-built private rent.

The development of the former depot continues the Mayor’s drive to release all sites in the capital under his ownership for development.

The Mayor of London Boris Johnson MP said: This huge chunk of disused land will be put to the best possible use, creating a whole new neighbourhood including 3,500 much-needed new homes, a new school and a park.

This ambitious development will help to further the continuing transformation of east London as part of our Olympic legacy.”

Chairman of the Berkeley Group Tony Pidgley CBE said: Stephenson Street will be a new village for London. It will have all the qualities that a successful community needs: shops, workspaces and a school, links between neighbours, a beautiful park where people can play and great transport connections. Above all, this site will create homes for people regardless of their age, background or income. It will be a place for everyone.

Berkeley Homes was selected from a shortlist of four developers as the partner for the new site as part of the London Development Panel procurement process, which was set up by the Mayor to accelerate the delivery of housing in London.

A key part of the Mayor’s Housing Strategy is to encourage institutional investors, such as pension funds and insurance companies, to invest in housebuilding.

This includes efforts to support extended leases and more stability for tenants as well as top quality, well designed, new developments.

Kier wins £89.5m of regional construction projects

Kier 2Kier has been awarded £89.5 million in regional construction and housing contracts.

The company has been appointed to three contracts across the UK to build two student accommodation schemes and mixed tenure housing.

In Plymouth, Kier has been awarded the £29.5 million contract to design & build Beckley Court, a 22-storey student accommodation scheme for new client Threesixty Developments.

At 78m high, the project will become the city’s tallest building, dwarfing the current claimant, the 14-storey Civic Centre. Beckley Court will provide 507 beds across 164,935sq ft of accommodation and will feature a mix of cluster flats, studios and two-bedroom flats with commercial space provided on the lower ground and ground floors.

In Durham, Kier has been selected for a £20 million project to deliver 418 student rooms at Sheraton Park for specialist student housing developer Alumno.

The new facilities will cater for a mixture of undergraduates, post-graduates, returning students and some fellows, and will comprise a mix of en suite bedrooms, studios and accessible bedrooms.

In the West Midlands, Kier’s residential division, Kier Living, has been appointed development partner for a major £40 million mixed tenure housing scheme by Birmingham City Council’s Birmingham Municipal Housing Trust.

Primrose Estate in Kings Norton will feature around 300 houses – including 148 affordable homes – as well as a hectare of public amenity space and a new superstore.

Nigel Brook, Kier executive director for construction and infrastructure services, said: “The quality and breadth of work we are winning, in terms of geography, sector and scale, demonstrates that there are strong ongoing opportunities across the UK.

We’ve been able to harness these opportunities thanks to an almost unrivalled regional network, which gives expertise and investment at local level, backed by the scale and surety of a major contractor.”

Willmott Dixon to build Coventry University’s new campus

Willmott Dixon to build Coventry University’s new campusWillmott Dixon was chosen by Coventry University to build a new £14 million campus for the recently opened Coventry University Scarborough Campus.

It’s the latest major campus project for Willmott Dixon in the higher education sector, following similar facilities for universities that include Warwick, Kent, Cambridge, Bournemouth, Birmingham City, West London and Brighton with a combined value of over £250 million.

Willmott Dixon’s team of higher education construction specialists will create a purpose built campus that includes a library, IT suites, café, mock law court, engineering and science labs, plus a careers team.

The creation of Coventry University Scarborough Campus also brings a new era of higher education to the region. Professor John Latham, vice-chancellor of Coventry University said: “This is a massively important project for Coventry University, Scarborough and the regional economy.”

Coventry University Scarborough Campus will be a key part of the £45 million sports and education facility on the town’s old Weaponness Park and Ride site.

Anthony Dillon, managing director for Willmott Dixon in Yorkshire, said: “We have a proud track record in Yorkshire, which is evident in nearby Beverley where our mixed-use development in the town centre is creating jobs and encouraging inward investment.

We are delighted to be continuing this in Scarborough by creating the new Coventry University Scarborough Campus and like all our projects, the focus will be on how we support the local economy by using companies from around Scarborough as much as possible to carry out work packages.”

Tesco sells 14 south east sites for housing

Tesco sells 14 south east sites for housingTesco has agreed the sale of fourteen Spenhill development sites across London, the South East and Bath, to a fund and clients advised by Meyer Bergman that will see the building of new homes.

The transaction, worth £250 million, is for sites suitable for mixed-use and residential development and marks further progress against Tesco’s strategic priority of protecting and strengthening its balance sheet.

Tesco and Meyer Bergman have reached completion on eleven sites, with the remaining sites due to complete in due course.

Dave Lewis, Chief Executive said:“We are very pleased to have agreed a deal with Meyer Bergman that will bring forward significant investment for these local communities, including opportunities for residential development.

We will be working with Meyer Bergman and local Councils in the coming weeks to complete a formal handover and look forward to the delivery of investment on these sites.”

Markus Meijer, CEO at Meyer Bergman, said:“We see this investment as an opportunity to give new impetus to the Spenhill projects, to make Tesco’s place-making ambitions for the sites happen and to make an enduring contribution to local communities.

Backed by long-term and prudent global institutional capital, Meyer Bergman has a wealth of experience and expertise in the development and asset management of mixed-use properties.”