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More Student Beds Planned for Nottingham

Posted by Mike Lehan in

Image courtesy of Flickr, Creative Commons

Developers have confirmed that construction work on a new nine-storey block of student accommodation in Nottingham city centre will start in the new year.

Excavation and demolition work is now underway on the site of the former school buildings and on an old Saab car showroom in Talbot Street to make way for the new scheme.

Once complete the new accommodation will stand taller than the Talbot House and Talbot Point developments, also located on the same street.

Andy Dowding, a partner at Franklin Ellis Architects, said: "We're very pleased to be on-site and look forward to seeing the development brought to life when construction works start in the new year."

"The scheme has been designed to meet the increasing demand for affordable, sociable and fully-furnished student accommodation and, when complete, will create a top-quality living environment for students, providing them with a cost-effective and stylish option in a fantastic part of the city whilst also enhancing the local heritage of the area."

Thousands of new student rooms are set to hit the market over the next few years and whilst this has been met with criticism, councillors insist they are needed to keep up with growing demand.

Commenting on supply and demand, councillor Linda Woodings, Portfolio Holder for Housing and Planning at Nottingham City Council, said: "It's a common misconception that there is too much student accommodation in Nottingham. The situation is actually the other way around - the city is only just managing to keep pace with demand."

"Vacancy rates in purpose-built student developments have remained consistently below two percent for the past four years. In the year 2017/18 it was down to 0.5%, so there is no sign of demand reducing as student numbers continue to rise."