Student Developments Driving Out Coventry's Businesses
20th Jul 2018
Strong demand for student accommodation in Coventry has resulted in one of the city's largest student housing developments being fully let before it opens in September.
Developer Downing has signed deals with the University of Warwick and Coventry University to take 457 student bedrooms at its City Village development in Belgrade Plaza.
An additional 140 bedrooms have been separately let as part of a mixed-use project.
The University of Warwick has taken the most rooms, snapping up 305 beds for its students, while Coventry University is taking the other 152.
The City Village development consists of a total of 597 bedrooms and at 20 storeys is one of the tallest buildings in the city.
The scheme also features 5,600 sq ft of ground floor retail and leisure space.
Commenting on the sites occupancy rate, Ann Lodge, joint chief executive at Downing, said: "With student accommodation at an absolute premium in Coventry, the city's leading universities have taken steps to ensure their students are in prime position to be able to benefit from the outstanding student accommodation that Downing is due to deliver in September.
"We are delighted to have signed these agreements and are looking forward to welcoming the city's students to this landmark development which will offer them high-quality accommodation in the heart of the city centre, within easy reach of key transport hubs, the universities, and the city's retail and leisure offering."
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