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Abandoned Student Flats in Sheffield Set for Completion

Posted by Richard Ward in

Image courtesy of Flickr, Creative Commons

A block of student flats in Sheffield, which has remained half built for the past two years, is now set for completion.

The £10m block of student accommodation on Egerton Street, was left abandoned after the construction company developing the scheme went bust.

However, now Manchester-based developers Pinnacle Alliance, have said they are close to striking a deal, which would result in builders returning to the site.

A spokeswoman said: "The site has absolutely not been abandoned. We are very close to reaching an agreement with buyers regarding the recommencement of the build, and we are hoping that the development will complete in 2018."

It's understood all of the units have been sold, but delays were caused by a reluctance from construction companies to take on the build.

Pinnacle have declined to confirm reports the Spectrum scheme would have originally cost £10m, with a further £5m required to finish the build.