Covid-19 Impacts PBSA Valuation
27th Jan 2021
Plans have been revealed to build what is being described as the UK's first purpose-built co-living development, containing 900 bedrooms for students and young professionals.
Situated near Manchester Piccadilly train station, the designs for iQ Student Accommodation's three-block scheme at Echo Street have changed over time. The original application showed a distinctive metal wrap, which has been replaced by red brick and white sandstone, designed to be more inline with the surrounding area.
The development would replace the existing Chandos house student accommodation with 643 bedrooms targeted at recent graduates and young professionals, alongside 242 rooms for university students.
The buildings will range in height from 14 to 25 storeys and will come equipped with works areas, lounges and a gym.
Documents submitted as part of the application said iQ will retain and operate the proposed development, believing that Manchester city centre is an optimal location in which to deliver the UK's first purpose built co-living development.
27th Jan 2021
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