Developer wins approval for £25m Cambridge PBSA scheme

Developer wins approval for £25m Cambridge PBSA scheme


Todays other news
New figures come from a leading auction house...
London's market has been underperforming for some years now...
The analysis includes valuations and funds...


Future Generation has secured planning permission for a £25 million student scheme in Cambridge.

The developer – a PBSA arm of developer Southern Grove – consulted officers, local councillors and residents over the past 18 months before receiving approval for the 154-bed project, named ‘Barnwell Gate’.

Most of the accommodation will consist of clusters of rooms, with shared living and kitchen facilities through 20 self-contained studio apartments also provided.

Cambridge university is just a 10-minute cycle ride away. The current occupants of the site at 444 Newmarket Road, a car dealership, will be relocating to another premises.

“This attractive scheme is going to continue to show off our strengths when it comes to designing spacious living quarters that don’t cut corners when it comes to design and quality of life for students,” Andrew Southern, chairman of Southern Grove and Future Generation, comments.

“While demand for student accommodation in some parts of the country is beginning to tail off, there is huge ongoing demand for purpose-built student accommodation in Cambridge.”

Share this article ...

Join the conversation: Login and have your say

Want to comment on this story? Our focus is on providing a platform for you to share your insights and views and we welcome contributions. All comments are screened using specialist software and may be reviewed by our editorial team before publication. Property Investor Today reserves the right to edit, withhold or delete comments that violate our guidelines, including those that harass, degrade, or intimidate others. Users who post such content may be banned from commenting.
By commenting, you agree to our Commenting Terms of Use.
Recommended for you
Related Articles
New figures come from a leading auction house...
The analysis includes valuations and funds...
This is a monthly market snapshot from Propertymark...
Last week we saw a range of ideas from Labour...
The Budget is still two months away but is generating...
It could become law within a matter of days...
Recommended for you
Latest Features
New figures come from a leading auction house...
Sponsored Content

Send to a friend

In order to send this article to a friend you must first login. Click on the button below to login or sign up.