Crosslane Student Developments, part of the Crosslane Group, has secured planning consent for a 583 bed purpose-built student accommodation development in the English city of Coventry.
The development is located on Friar's Road in Coventry.
'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,' commented Mike Moran, development manager, Crosslane Student Developments.
'The proposed scheme will act as a gateway from the station into the heart of the city centre and is 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,' Moran added.
The deal follows Crosslane’s securing of conditional planning consent to deliver a new 117 bed purpose-built student accommodation development in Leeds last week.
Prime Student Living, the student accommodation lettings and operational management arm of Crosslane, will be responsible for achieving full occupancy of the Coventry development prior to practical completion. Completion of the scheme is due in time for the 2019/2020 academic year.
