Covid-19 Impacts PBSA Valuation
27th Jan 2021
TMDP Group has begun work on a multi-million-pound student accommodation project in the centre of Leicester.
The Leicestershire-based property and construction firm is to design and build a five-storey block of student housing on New Walk. The development will consist of 50 en-suite student apartments, a cinema room, multiple common areas, laundry room and a communal gym.
Under the plans the original roof and front elevation will be maintained to preserve the heritage and architectural integrity of the surrounding area.
Commenting on the development, managing director of TMDP Group, Scott Moore, said: "We're delighted to have been appointed by Zone to work on this project and are very pleased to see it get underway.
"TMDP Group has seen major growth over the last two years and currently has a record number of projects underway across the Midlands and in the buoyant London and South Eastern region of the country. Adding this prestigious project to our portfolio is another major boost to the company."
Mr Moore went on to add that Leicester is an expanding university city, with good quality student accommodation remaining in high demand. It's hoped the development's vicinity to both University of Leicester and De Montfort University will ensure the accommodation becomes some of the most sought after in the city.
If all goes to plan the project is due to be completed in April 2018 and will be open ahead of the 2018-19 academic year.
27th Jan 2021
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