Amber Beat: Global Student Accommodation Market News - August 2024, Week 04

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Missed keeping track of all the latest happenings in the student accommodation market?

Amber Beat is a weekly snapshot of the key developments in top student accommodation markets.  This newsletter provides you with all the information you need to know, from new upcoming projects to current trends, news affecting students to government policies, we’ve got you covered!

Amber Beat | News from August 17-22

United Kingdom

• Belfast set for £45M, 17-storey student block with 594 beds as part of ongoing housing push amid housing shortfall (1)
• Watkin Jones wins approval for The Àrd PBSA in Glasgow: Scotland’s tallest residential building with 784 units (2)
• Leeds City Centre office to be converted into 103 student flats with approval, including 30 cycle spaces and communal amenities (3)
• Glasgow Planners recommend approval for a 35-storey Student Skyscraper with 784 rooms (4)
• Fresh appointed to manage 367-unit Glassworks PBSA in Bristol for UBS; set to open January 2025 (5)
• Stoke-on-Trent planning committee to review new 202-bed PBSA proposal replacing empty business units (6)
• Victory House in Carlisle proposed a conversion plan for a historic £466,000 property into a 78-unit student accommodation (7)
• Bristol Beer factory to transform North Street site into mix-used development, including 103 student units (8)
• Grade II-Listed Old Tavern public house building to transform into 33-bed PBSA in Bristol (9)
• Plans submitted for a 102-bedroom student block near UCLan Burnley, featuring 41,700 sqft of space and 90 bike spaces (10)
• Galliard Apsley proposes 1,800 flats, 1,000 student homes, and 260 co-living units for Glasgow’s College Street Goods Yard (11)

United States of America

• San Jose State University to convert ‘Signia’ by Hilton into ‘Spartan Village’ dorms with 700 beds in downtown San Jose (12)
• Parallel to invest in a 671-bed student housing community at 2413 near Texas Tech University, Lubbock; ready by fall 2027 (13)
• The Metropolitan opens with 759 beds and 276 units on University of South Florida campus in Tampa (14)
• Charme announces $61M luxury student housing project with 636 beds and 250 units in Statesboro, Georgia; set to open in fall 2025 (15)
• Gilbane completes Legacy Hall, a 604-bed student residential tower at Morgan State University in Baltimore (16)
• Greystar acquires Uptown Square, 316-unit, 512-bed student housing near Texas State University in San Marcos for an undisclosed amount  (17)
• CRG proposes Mifflin Chapter, a 511-bed, six-story student apartment complex on West Washington Avenue in Madison, with construction starting in winter 2025 (18)
• Pinecrest completes Parc View at Commonwealth, a 509-bed student housing development near VCU in Richmond (19)
• UC Santa Cruz breaks ground on Delaware addition with 161 units for students and staff on Ingalls Alley in Santa Cruz (20)
• USF Sarasota-Manatee unveils Atala Residence Hall with $44 million investment, 200 beds, marking campus’s first dormitory in Sarasota (21)

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Australia

• Lendlease and Scape secure final approval for A$1.7 billion Gurrowa Place redevelopment in Melbourne, featuring a mix-used project, including 1,100 student beds and 560 apartments; completion expected in 2028 (22)
• Local Residential opens first stage of $315 million build-to-rent project in Melbourne’s Kensington, featuring 477 apartments (23)
• Coronation Property Group starts construction on $420 million ‘Precinct 75’ build-to-rent development on Mary Street, Sydney, featuring over 200 homes; completion expected in 2027 (24)
• Apt.Residential plans build-to-rent conversion of $55 million historic buildings at Ultimo in Sydney; project to add apartments and studios (25)
• Plans filed for 47-apartment Westbourne Residences on Highgate Hill, Brisbane; include a rooftop deck and basement parking (26)

Europe

• Cork’s Luxury Student Housing 'Bottleworks' opens with 623 beds, with prices ranging from €240 to €450 per week (27)
• Ghent’s ‘Three Kings’ project to feature 530 student rooms, offices, and a multipurpose hall, with extensive green spaces and sustainable design (28)
• Antwerp to add 250 student rooms by 2026 near KDG University College to address housing shortage (29)
• Dresden to add 149 student rooms with €19.7M dormitory funded by Federal and State Governments in Germany (30)
• UNR to build new student residence in Rosario for around 50 students; set to open in 2025 (31)

Canada

• UBC announces $560 million student housing complex with 1,500 units, including 400-seat dining hall and childcare spaces, first rooms set to open in the fall of 2028 (32)

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Source: (1), (2), (3), (4),  (5), (6), (7), (8), (9), (10), (11), (12), (13), (14), (15), (16), (17), (18), (19), (20), (21), (22), (23), (24), (25), (26), (27), (28), (29), (30), (31), (32)

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