Cassidy Group Bring Forward £50m Nottingham Opportunity

August 1, 2019

Nearly 500 student bedrooms are now expected to be created as part of a towering £50m apartment scheme behind the intu Victoria Centre, developers have revealed.

The multi-million-pound project was given the go-ahead by planners in March, despite criticism over the designs.

The original plan was to create 422-bed student bedrooms - however, developers went back to the drawing board and have since put forward proposals to revise the scheme to create an extra 50 beds.

The scheme is planned at the site of the former York House office block that was previously occupied by the BBC and Nottingham Trent University.

Alex Newbold, land manager at the Cassidy Group, said: "The new scheme has been designed within the same massing of the approved scheme, we have amended the sizes of the ensuite bedrooms as well as some other internal efficiency improvements.

"These amendments have allowed an additional fifty bed spaces to be provided within the envelope of the consented scheme. The revised application now has 472 ensuite bedrooms, with the building staying at 10 storeys high."

The Cassidy Group is working in tandem with Investin PLC to develop the site.

Patric Cassidy, director at the Cassidy Group, added: "We see Nottingham as an excellent location for investment and our York Street scheme follows the success of several other schemes that we have delivered in the city.

"Due to the support of Nottingham City Council and their encouragement for further investment within the city, we have acquired further sites within the city centre for both student accommodation and high density apartment schemes which we will be bringing forward over the next 12 months."

A ground floor gym forms part of the scheme and up to 118 cycle spaces are expected to be available to residents.

The developers hope the revised application could be approved by Nottingham City Council planners by the end of August.

Work could start by September, subject to planning consent, with the scheme hoped to be ready for students in August 2021.

Business leaders said the project could be beneficial to local shops.

Scott Knowles, chief executive at East Midlands Chamber, said: “The student economy is worth about £63m a year to Nottingham. The quality of the universities in the city attracts students from all over the world.

“Providing good quality accommodation within walking distance of academic centres and in central locations where it encourages use of local shops and other amenities and boosts both the day and night-time economies has to be good for the city.”

The former nine-storey York House office building was demolished in 2014 - and the site was sold off by Intu last year.