UK: Code Students has launched a public consultation on its plans for a PBSA project in Nottingham.
Its initial 40-storey student scheme has been substantially scaled back – Code has now revealed revised plans that outline a £100 million, 24-storey scheme that it says will “help to meet the ongoing demand for student accommodation in Nottingham”.
The building would provide accommodation for around 1,260 students and would include indoor and outdoor communal spaces, and around 5,400 square feet of ground-level commercial space open for community use.
A statement from Code said: “The immediate area around the development site currently consists mainly of industrial units and workshops. This development has the potential to stimulate the further regeneration of a key area of the city centre. Increased vibrancy and activity would also contribute to the creation of a safer environment, particularly at night.”
“The proposed development would create over 2,000 construction jobs in the city alongside a small but important number of permanent long-term jobs in management and maintenance of the building and its facilities. We would work with Nottingham City Council to encourage people from the local community to apply for the jobs, and provide all necessary training, to ensure our management staff understand the needs and concerns of local people. Our development would also make a significant contribution to meeting student housing demand while freeing up traditional family homes,” it added.
The news comes shortly after developer MRP also significantly scaled back plans for a PBSA scheme in Nottingham, dropping a BTR tower from its proposals.
