Gregory Property Group has purchased a strategic site on Foss Islands Road, York, with plans to deliver a 138-bed three-storey purpose-built student accommodation development.
The site, previously occupied by Enterprise Rent-A-Car and Just Tyres, is equidistant between the University of York and York St John University.
Gregory has drawn up plans to deliver 138 studios with seven communal rooms and wellbeing amenities.
The proposals include an allocation of around 100 cycle spaces and public realm.
Gregory Properties director and head of residential John McGhee said: “This site is a prime example of an under-developed 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.”
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