Crosslane Student Developments, part of the Crosslane Group , announced that it has secured planning consent to deliver a 583 bed purpose-built student accommodation development on Friar’s Road in Coventry. This follows Crosslane’s securing of conditional planning consent to deliver a new, 117 bed purpose-built student accommodation development in Leeds last week.
Completion of the Coventry scheme is due in time for the 2019/2020 academic year. Prime Student Living, the student accommodation lettings and operational management arm of Crosslane, will be responsible for achieving full occupancy prior to practical completion.
The cleared derelict site is located at the junction of Friar’s Road and St Patrick’s Road, within the city’s main ring road, just to the south of Coventry city centre and a short walk to Coventry University campus, the city’s main shopping centre and train station. The new purpose-built, high specification 20 storey student accommodation scheme will comprise 140 studios and 443 en-suite cluster flats and significant dedicated communal areas, including a common room, along with study room, gym, cinema and kitchen-dining room for entertaining as well as a private outdoor courtyard.
Coventry University is already the fastest growing university in the UK by student enrolment and the University has recently committed to significant investment in its facilities and buildings over the next five years, which is expected to further increase student applications. Demand for well-located, premium purpose-built student accommodation in the city continues to increase leading to a significant supply-demand imbalance.
Crosslane has appointed DAY Architectural as the architects for the development.
Mike Moran, Development Manager, Crosslane Student Developments, said:
“Crosslane is delighted to have secured planning consent for our first student accommodation development in Coventry following extensive engagement with the local planning authority on the design and a public consultation event that Crosslane hosted for local residents. The proposed scheme will act as a gateway from the station into the heart of the city centre and a short walk to Coventry University. At 583 beds, the scheme will be a significant contribution to easing the supply/demand fundamentals which persist for purpose-built student accommodation in the city.”