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21st Sep 2018
A former city council care home in York could be sold off to student accommodation developers in a multi-million-pound deal.
Empiric Plc is looking to build a student accommodation scheme able to house 126 students on the site of Willow House, near Walmgate Bar. Under the terms, the developers are looking to purchase the site for £2.8 million, if it can get planning permission.
Councillors will be asked to approve the sale and council staff believe the development will help meet the need for student housing, as well as being much-needed money to fund the broader overhaul of older people's housing across York.
Willow House was put up for sale earlier this year, after the site closed down in January.
The council received a number of bids from different developers, however only five were considered, with four involving new student accommodation.
Empiric's £2.8 million bid, subject to planning permission, is the highest, leading council staff to recommend it is accepted.
Empiric is already active in the York student housing market, with developments such as Foss Studios, Samuel Tuke apartments and Percy's Lane.
21st Sep 2018
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