Thu, 26/06/2014 - 15:35
St Modwen has signed a new student accommodation development agreement with Swansea University to deliver an additional GBP50m of student accommodation and major new student facilities to boost the university’s Bay Campus development.
The agreement will see the development of 545 additional student apartments for occupation during the first quarter of 2016.
It also provides for new student facilities including a gym and sports hall, student union offices and meeting space, launderette and crèche.
Collectively, this will bring the total amount of campus space under construction to around one million sq ft, including 465,000 sq ft of research, innovation and education facilities and 1,462 new student residences, clustered around communal courtyards, with direct access to the beach and nearby ancillary student amenities.
Rupert Joseland, South Wales’ regional director for St. Modwen, the land owner and partner developer for the Bay Campus, says: “The development at the Swansea University Bay Campus is starting to take shape with many of the key buildings now well underway as the project’s first phase gears up to complete next year. This new campus development is a major highlight of St. Modwen’s ongoing 3,500 acre regeneration programme across South Wales and this latest agreement with the University is the next step in the vision to create a world-class educational establishment that will benefit students, staff and the local community for generations to come.”
Professor Iwan Davies at Swansea University says: “Swansea University is now delivering its campus development programme. At the heart of this initiative is enhancing the student experience. Next year the university will operate from two campuses – the wonderful existing campus at Singleton Park and a new campus at Swansea Bay. The facilities announced today will enhance the university’s composite offering for students adding to an outstanding academic teaching environment informed by world class research. The campus development programme and strategy is wholly consistent with Swansea University’s ambition of becoming a top 200 global university.”
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Fri, 28 Aug 2015 00:00:00 GMTInvestment Banking Restructuring Analyst/Associate
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