Students to Face Even Higher Interest Rate Charges After RPI Increase
20th Apr 2018
Watkin Jones is planning to build more accommodation in Chester's Newtown area, although students are not the target market this time round.
An application has been put forward to build 35 residential apartments in place of the former Autoparts and Hertz premises in Trafford Street.
The site will also have parking facilities for all 35 tenants along with four visitor spaces.
Although the development isn't aimed at students, there are fears regarding the over-development of the neighbourhood, with a 121-bed student scheme located next door.
Meanwhile, another student scheme with 150 beds is already under construction around the corner on the former Oakbase House site.
Documents submitted as part of the latest application, said: "Whilst provision of student accommodation has been a focus in recent years, the group has a long history in the provision of high quality residential-led development dating back 100 years and established a specialist 'homes' division over 30 years ago."
"Within Chester, the group has contributed to the residential developments at Cestria Row (Gorse Stacks) and Cestria II Quayside."
"It is therefore important to highlight that the redevelopment of the Trafford Street site is a real and deliverable development. The group is proud of its delivery record, with more than 95% of its developments being on site within three months of the grant of planning permission."
20th Apr 2018
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