Godwin Developments announces that it has completed the sale of the Bendigo Buildings – a consented scheme for new contemporary purpose-built student accommodation in Nottingham – to Bricks Group.
On completion the development, which is situated in central Nottingham, will comprise 783 beds including of a mix of modern studio apartments, four, five and six-bedroom clusters and accessible studio rooms. It will also provide a range of indoor amenities and landscaped gardens as well as commercial units on the ground floor for residents and the neighbouring community.
The Bendigo Buildings development is situated less than half a mile from Nottingham Trent University and will regenerate the land currently occupied by a former Royal Mail sorting office, whichhas been vacant for nearly 20 years, as well as the adjacent car park on Cowan Street.
Godwin Developments acquired the Royal Mail site in June 2020 and the Cowan Street site in 2021. The company secured full planning permission for both plots in the second half of 2021, to helpmeet substantial demand for student accommodation in the city whilst regenerating the area of St Ann’s and delivering on a number of the Council’s objectives around student living and place making.
The Bendigo Buildings have been designed with sustainability in mind including features, such as air source heat pumps, photovoltaic (PV) roof panels and an energy efficient building fabric.The scheme promotes greener ways of travel in and around the city, supporting cleaner air and reducing traffic congestion in the area. It was also rated ‘Outstanding’ by Rider Levett Bucknall’s Social Impact and Social Value Report for its social value delivery, recognising the significant economic boost of £264 million which it will deliver to the city and wider region.
Matt Chandler, Managing Director at Godwin Developments, said: “Representing one of our largest consented schemes to date, the Bendigo Buildings utilised our in-house expertise to work up and achieve planning for this compelling scheme on a brownfield site which will bring significant regeneration benefits to the city. We are pleased that dynamic student, hotel and co-living property company Bricks Group will now take the project forward into delivering a new thriving student hub for Nottingham.
Credit: Source link
