Approval for major student and residential scheme in Leicester’s Waterside regeneration area

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Plans for a new student accommodation scheme and build to rent development in Leicester’s Waterside regeneration area have been given the green light by the City Council.

The 0.87 hectare former industrial site consists of two plots on All Saints Road, leading on to Bath Lane and bounded by Jarvis Steet, with Alexander Street cutting down the middle of the site.

The development is to consist of 462 student bedrooms and 184 residential apartments featuring 31 studios, 101 one bed and 52 two bed flats. 100 sqm of flexible commercial space would also be provided as well as ground level car parking.

The scheme is anticipated to be complete by 2021.

The approved plans from Watkin Jones Group follow the completion of the firm’s close-by Merlin Heights student scheme, completed in 2016, which acts as phase one of the firm’s overall development of the area, while this newly approved development is to be constructed as phases two and three.

The student aspect of the scheme is to be managed by Fresh Student Living, part of the Watkins Jones Group, while the build to rent aspect would be managed by Five Nine Living, also part of Watkins Jones Group.