New student accommodation development completes
Urbanite Living has completed construction of its new student accommodation development at Jocelyn Square in Glasgow city centre.
The new, purpose-built development has been officially handed over to operator, Homes for Students, under its Prestige Student Living brand, and it will be taking in students from this month.
Clyde Court offers 169 studio bedrooms with best-in-class facilities to serve the University of Glasgow and University of Strathclyde.
Centrally located, close to the River Clyde and adjacent to Glasgow Green, the six-storey development provides ensuite student accommodation with fitted bedroom furniture and kitchen facilities.
Amenities include two private dinning ‘MasterChef kitchens’, two social study rooms, a cinema, gym, cycle store, and breakout spaces with pool tables.
Adam Sadler, project director at Urbanite Living, said: “We are delighted to hand over this significant new Purpose Built Student Accommodation (PBSA) scheme to the students of Glasgow.
“Clyde Court represents the regeneration of a key city centre site to deliver much-needed new accommodation in a top UK university destination where there is currently a major undersupply.”
Scott Lewis, chief operating officer at Homes for Students, added: “Having the best accommodation is key to any university experience.
“Thanks to the fantastic amenities available onsite, coupled with first-class customer service, we are confident that those living at Clyde Court will be on the right path for future success.”
Clyde Court was designed by NW Architects with Robertsons Construction Central Scotland as main construction partner.
Urbanite Living secured a £18.85m finance facility from Paragon Bank’s Development Finance division to support the development.
Simon Dekker, senior relationship director at Paragon, said: “This purpose-built student scheme will help to meet the shortage of accommodation in Glasgow city centre.
“It is excellently appointed, with a wonderful range of amenities, and we are very pleased to see it being handed over to Homes for Students so that new tenants can be welcomed from this month.”
Urbanite, a leading residential and commercial property developer has delivered 1,000 student bedrooms across Glasgow, Sheffield, Leeds and York, and has a pipeline of 1,200 more residential beds progressing further into cities across the UK.