Student accommodation provider Unite Students has acquired a £126m development in Glasgow for the new Central Quay purpose-built student accommodation (PBSA) scheme.
Located north of the River Clyde, Central Quay will comprise 934-beds. Amenities will include a social marketplace café, yoga room, gym, screen rooms, and a garden room with a terrace.
“Our latest Glasgow development, north of the River Clyde, will create a new supply of high quality, affordable student accommodation in the city to support the continued growth of our university partners.
“This property will provide more homes for students while helping to ease Glasgow’s housing storage by freeing up houses for families.”
Tom Brewerton, Group Development Director, Unite Students
Full planning permission for the scheme was received earlier this year. Now, with the new scheme, Unite Students will have more than 3,200 beds in the city, helping to meet rising student demand while also easing Glasgow’s housing shortage by freeing up existing homes for local families.
It is also set to unlock a long-term vacant site on the river corridor to benefit the community.
