Unite Releases Its Year End Results
21st Feb 2018
Aberdeen Council are being urged to approve a £20 million scheme that would prop up the premium end of the student accommodation market in the city.
Last year Dandara (the developers of the scheme) submitted their proposals for 341 student flats to the council, wherein they detailed a 13-storey development at Triple Kirks. The development would be composed of 175 studios and 166 en-suites, with a gym, cafe and various activity rooms to keep the tenants occupied.
A redevelopment of the site has been long in the offing, as Dandara bought the site way back in 2011 when the plot of land had been approved for a commerical development. Back in March however (as student accommodation investment in the UK started to boom) the developer switched focus after identifying a commercial over-supply in the city. This was welcomed by local organisations that felt the money students bring in to the city is crucial to the local economy.
A similar set of high-rise plans put forth by Unite Students is also awaiting approval and looks set to house a further 600 students. Unite have said that their proposals will address a "shortfall" in current student housing stock.
21st Feb 2018
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9th Feb 2018