Conygar Investment Company PLC (LON:CIC), the property investment and development group, has announced that Nottingham City Council has passed a resolution to grant planning permission for a 700-bed scheme on The Island Quarter.
The new accommodation, which forms part of our plans for intergenerational living on The Island Quarter, the £1 billion 36-acre redevelopment, is likely to start on site shortly and be available for students to occupy at the start of the 2023/24 academic year.
Christopher Ware, Director at Conygar said: “We’re delighted that the planning committee has approved the plans for the proposed student accommodation on The Island Quarter. Nottingham is home to world-renowned universities and further educational institutions, and its student population is growing rapidly. The demand from second and third-year students to remain in purpose-built accommodation is also increasing and there is a clear need for additional, quality student beds in the city.”