Students to Face Even Higher Interest Rate Charges After RPI Increase
20th Apr 2018
Plans to build a 647-bed student accommodation block in Cardiff are set to be given the green light by councillors.
The scheme, which includes a 25-storey tower, has been lodged by architects Corstorphine + Wright on behalf of Fusion Students and is located on a vacant plot adjacent to Herbert Street.
Included within the plans are a student gym, dinning party rooms and a cinema. At the top of the 25-storey tower there will also be a Sky Bar.
A planning application for 180 residential units was previously granted planning permission in December 2015, however Fusion Students acquired the site in May 2016 and subsequently put forward an updated proposal.
A report prepared prior to Cardiff City Council's planning committee meeting has recommended the project is approved, subject to the signing of a Section 106 agreement.
The report said: "The proposals redevelop a vacant plot and provide 674 student bedspaces in a high quality purpose-built development with ancillary communal facilities, retail development, and associated public realm in a highly sustainable location.
"The development will go some way to meeting the significant student demand for high quality purpose-built student accommodation in Cardiff."
20th Apr 2018
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