Students to Face Even Higher Interest Rate Charges After RPI Increase
20th Apr 2018
Alumno Developments has awarded a £10.6 million contract to build two new student accommodation buildings in Leamington Spa to Interserve.
Situated alongside the Grand Union Canal and close to the University of Warwick, the two four-storey buildings will be able to accommodate 187 beds within a mix of en-suite, standard and studio rooms.
The student housing development will also feature a contemporary reception area, as well as shared common rooms and amenity spaces.
Interserve has also been contracted to make improvements to the canal-side environment and create a new green park area along the towpath.
Divisional director at Interserve, Simon Butler, said: "Interserve has an extensive portfolio of student accommodation projects, which demonstrates the strength and capability of our teams working in partnership with private sector clients. At Interserve we are committed to investing in the communities in which we work and we will be continuing to engage with the local supply chain as well as creating new job opportunities for local people where possible."
The project is due for completion in September 2017 and it's hoped the development will achieve a BREEAM "Very Good" rating.
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