A site currently occupied by Stokes Tiles Centre is to be transformed into an 800 bed scheme.
Significant progress has been made with the exchange of contracts between developers Litton Buccleuch (Moore Street) Ltd and an undisclosed student accommodation company.
Construction is anticipated to start in May 18' with a September 2020 planned PC date. Litton Buccleuch is a JV between Litton Property Group and Buccleuch Property (based in Edinburgh). Joined by architects Coda (of Bristol).
The site has a good location close to both universities. Mark Twelves of Litton Buccleuch said: “We are delighted to have exchanged contracts with a dynamic and forward-thinking student provider, whose track record in other cities speaks for itself.
“The finished product will provide high specification student living in a prime location between the University of Sheffield and Sheffield Hallam University and within the inner ring road.
“The city council, its planners and both universities are in broad support of the scheme that will complement Sheffield council’s progressive regeneration proposals for the city centre and provide the universities with a further selling platform in a very competitive market.
“Students, particularly postgraduates, are getting more selective in their living requirements which means the universities competing for them need to have high quality accommodation as part of their offer.
“We are confident there is a demand. There is some good student accommodation provision, but a lot of it is old and there is not enough to meet growing requirements.”