Student Developments Driving Out Coventry's Businesses
20th Jul 2018
Plans to demolish a historic property in Newcastle to make room for a 194-bed student accommodation development look set to be approved.
The red brick Victorian school building on Stepney Road is being developed by Adderstone's and will feature 19 cluster flats and 92 studios, totalling 194 beds, split across a five-storey block. The purpose-built student accommodation will also include a gym and cinema room.
According to the planning report submitted to Newcastle City Council, the proposal for a 194-bed student housing development could have the potential to contribute up to £2 million to the local economy.
In particular the report said: "The provision of new purpose built student accommodation in the city centre contributes to the planned growth of higher educational establishments in the city and helps attract and retain student spend thus contributing to the local economy.
"There is no information on the level of investment or numbers of jobs created but with a development of this size this could be expected to be significant, at least during the construction period."
Despite 73 objections being lodged against the proposal, Newcastle City Council has recommended the project goes ahead.
In particular concerns were raised over the loss of affordable premises for rent to small businesses, but the council noted that Uptin House was no longer financially viable and therefore there is no policy basis to refuse the application.
20th Jul 2018
19th Jul 2018
18th Jul 2018
17th Jul 2018
16th Jul 2018
13th Jul 2018
12th Jul 2018
11th Jul 2018
10th Jul 2018