The development costs of the beds will total over £70 million making it (in the words of McAleer and Rushe director Stephen Surphlis) "the most significant development deal in NI for many years". If given permission to build work will begin on the sites at College Avenue and McClintock Street with a target dlivery date of summer 2018.
While student accommodation options provided by the university are currently limited, the investment signals the university's intent to provide a wide range of options to its students. This may well be spurred on in part by the wish to lure lucrative international students to the university. It also comes in the wake of a massive expansion by Ulster University Belfast, who are seeking to house their students in private accommodation alone.