Mark Watkin Jones, Chief Executive Officer of Watkin Jones plc, said: “The Group is delighted to have secured planning consent for this new development. This development when completed, will service students at the University of Chester and the University of Law and we are pleased to have added the Hunter Street site to our already impressive portfolio in Chester. The look and appearance of the development will be modern however we will ensure the selected materials will be reflective of the overall character and appearance of the area. The demand for student accommodation is growing and this latest scheme adds further validation to our business model.”
Watkin Jones plc (AIM:WJG), a leading UK developer and constructor of multi occupancy property assets, with a focus on the student accommodation sector, has told DirectorsTalk that the Group has received planning consent to progress with the development of land currently being used as a car park on Hunter Street in Chester, Cheshire.
The development of Hunter Street will consist of 77 beds. The total gross development value of the scheme is around £6.5 million. The development is anticipated to be completed in the summer of 2018. This adds to the 330 student beds already being developed in Chester, by Watkin Jones for delivery during the summer of 2017.
