New Mega Student Accommodation Takes Shape Near University of Warwick

Key highlights:

• 1,209 new student beds are being built in a PBSA development near the University of Warwick
• A joint venture between Topland, McLaren Property, and iQ Student Accommodation 
• McLaren Construction has started groundworks on the site. 
• The first phase will have 605 beds to be completed in 2025, and the second phase will have 604 beds in 2026
• £160 million total investment value 
• Will include 131 co-living beds 
• 6,000 square feet of retail space planned
• Amenities like study areas, gaming zones, dining rooms, gym, and yoga studio
• Aims to address undersupply of student housing in the area
• The team includes architects, engineers, quantity surveyors, and project managers.
• The essential data points cover the project scope, timeline, investment, partners, amenities, and need for additional student accommodation in Warwick.

News In Details:

Construction has officially started on a massive new purpose-built student accommodation (PBSA) project adjacent to the University of Warwick campus. The £160 million development will provide 1,209 new student beds when fully complete, addressing high demand in the area.

Joint venture partners McLaren Property, Topland Group, and iQ Student Accommodation have commenced ground works on the site previously occupied by a former Barclays Bank office. McLaren Construction has been appointed as the contractor for the two-phase project.

The first 605 beds will be completed in time for the 2025 academic intake, with the remaining 604 beds following in 2026. In addition to the 1,209 PBSA beds, the development will contain 131 co-living spaces and around 6,000 square feet of retail.

Student amenities include study lounges, gaming and TV zones, private dining rooms, a gymnasium, and a yoga studio. The goal is to deliver a best-in-class living experience befitting the University of Warwick’s reputation.

The project represents the university’s most extensive private PBSA accommodation to date. Topland acquired the site in 2013 before joining with partners McLaren and iQ to bring the development forward.

Undersupply in the Warwick area has created a high demand for quality student housing. The scheme’s timely completion aims to relieve capacity constraints and provide modern amenities catering to student lifestyles.

In summary: 

Work is underway on a landmark new PBSA project near the University of Warwick. At over 1,200 student beds, the development will significantly boost local supply when finished over the next two years.