Latest News Tue, Jan 7, 2025 6:48 AM
Urbanite Living has completed construction of its new student accommodation development at Jocelyn Square in Glasgow city centre.
The much-anticipated new purpose-built development has been officially handed over to operator Homes for Students, under their Prestige Student Living brand, which will be taking in students from January 2025.
‘Clyde Court’ offers 169 studio bedrooms with best-in-class facilities to serve the University of Glasgow and University of Strathclyde. Centrally located, close to the River Clyde and adjacent to Glasgow Green, the newly built six story development provides en-suite student accommodation fitted with stylish bedroom furniture and kitchen facilities.
Amenity provisions include two private dinning “MasterChef kitchens”, two social study rooms, a cinema, gym, cycle store, and breakout spaces with pool tables.
Adam Sadler, Project Director at Urbanite Living, said: “We are delighted to handover this significant new Purpose Built Student Accommodation (PBSA) scheme to the students of Glasgow. Clyde Court represents the regeneration of a key city centre site to deliver much needed new accommodation in a top UK university destination where there is currently a major undersupply.”
Scott Lewis, chief operating officer at Homes for Students, added: “We feel a great sense of pride to manage such a prestigious property in the city. The team at Urbanite Living has created something unique to Glasgow’s student accommodation offering and is sure to be loved by its residents for years to come.
“Having the best accommodation is key to any university experience. Thanks to the fantastic amenities available onsite coupled with first-class customer service delivered by our teams, we are confident that those living at Clyde Court will be on the right path for future success.”
Clyde Court was designed by NW Architects with Robertsons Construction Central Scotland as main construction partner. Urbanite Living secured a £18.85 million finance facility from Paragon Bank’s Development Finance division to support the development.
Simon Dekker, Senior Relationship Director at Paragon said: “We are delighted to be able to support the team at Urbanite Living and its delivery partners with a debt facility to assist with this new build scheme at Jocelyn Square, Glasgow. This purpose-built student scheme will help to meet the shortage of accommodation in Glasgow city centre. It is excellently appointed with a wonderful range of amenities which we are sure will be very popular. We are very pleased to see it being handed over to Homes for Students so that new tenants can be welcomed from January 2025.”
Urbanite, a leading residential and commercial property developer has delivered 1,000 student bedrooms across Glasgow, Sheffield, Leeds and York, and has a pipeline of 1,200 more residential beds progressing further into cities across the UK.
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