Osborne moves on 237-room student build
A new joint venture between developer Osborne and Student Residence Investments has purchased a site for a £20m student accommodation development in Winchester.
The brownfield site on Moorside Road in the Hampshire town has planning permission for 237 student accommodation bedrooms and a gross development value of more than £20m. The build will be undertaken by Osborne’s construction arm and will start early in 2016, with completion due in September 2017.
“We are delighted to be working with Student Residence Investments,” said David Sarson, Osborne managing director of development and investment. “We have a strong track record in the student experience market, having developed successful accommodation schemes for several universities.”
Osborne is currently developing accommodation schemes at Roehampton and Reading universities ….