Students to Face Even Higher Interest Rate Charges After RPI Increase
20th Apr 2018
Plans to create new student accommodation in Newcastle have been scaled back after the initial plans to demolish Clough House and replace it with a 354-bed scheme were withdrawn.
Proposals submitted by Intersect Architects last December had called for the building to be destroyed and replaced with an eleven storey student accommodation block with enough space for 354 beds.
Those proposals were subsequently withdrawn after talks with planning officers, but it's now understood that a new set of proposals have been put forward, significantly reducing the size of the development.
The latest proposal now calls for an eight-storey high new build with accommodation for 283 students.
Clough House is one of several buildings in the Manors area that have been empty for a number of years and developers hope to rejuvenate the area by creating a student hub.
According to property consultants Lambert Smith Hampton the site's proximity to both Newcastle University and Northumbria University make it an obvious location for student accommodation development.
It's also hoped that additional student accommodation located within the urban core will help to relieve pressure on residential areas, helping to provide further housing for families.
If the plans get the go-ahead the site will consist of a mixture of cluster flats and studio apartments, and will come equipped with communal areas, an internal landscaped courtyard, a gym and a handful of car parking spaces.
20th Apr 2018
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