£200m PBSA Partnership Launched by QIP and Solibuild
23rd Mar 2023
A student accommodation development site in York has been acquired by Gregory Property Group.
Established in 1985, the group has a track record of delivering sustainable developments across North England.
Situated on Foss Island between the University of York and York St John University, the site was previously occupied by Enterprise Rent-A-Car.
The scheme plans to provide up to 138 studios constructed over three storeys and will include communal spaces for students.
Gregory Property Group has previously ventured into the student accommodation sector and is responsible for the 400-bed scheme city-centre scheme, The Refinery.
Director and head of residential at Gregory Properties, John McGhee commented: "Our commitment to York as an evolving city is long-standing and we are passionate about repurposing brownfield sites in a sustainable way to support modern-day use. This site is a prime example of an underdeveloped site with old, tired and outmoded buildings but well located for student provision.
"We know that York has one of the worst shortages of student accommodation in the UK. Affordable accommodation for students is a priority for both Universities in attracting young talent and with this scheme, we hope that we can deliver against at least a small part of the current shortage."
