We are proud to have been awarded this prestigious design and build contract in the heart of Bristol following on from Modra and Oldway House in the centres of Cardiff and Swansea respectively.
“Atlas Land is to build the 225-bed purpose built student accommodation block with the backing from Octopus Property.
Located on Dean Street, the Atlas Land scheme is approximately one mile from the main University of Bristol campus and just 400 metres from Cabot Circus. It is also near the city’s student nightlife hotspot.
Studio Hive Ltd has been appointed to manage the build-out of the scheme.
Alan Chaytor, managing director at Atlas Land, said: “This has been a significant investment by Atlas Land in a prime regional centre with a strong university base. I am delighted to be working with Octopus property and Studio Hive in delivering a quality student accommodation scheme and helping to regenerate a derelict site into a desirable student scheme.”
Jason Collard, managing director at Studio HIVE, said: “This development will add dynamism and new vibrant living spaces to the Dean Street area of St Paul’s, Bristol. This will continue the much-needed investment into the St Paul’s Conservation area and continue the urban renaissance currently underway around Portland Square, Bristol.”
Gavin Eustace, head of residential development at Octopus Property, added: “The Purpose Built Student Accommodation sector remains one of the most attractive asset classes for investors due its defensive characteristics, whilst the Bristol market, with its above-average supply-demand imbalance and strong academic tradition, is a particularly compelling market in which to provide development finance.”
“With a highly regarded development manager and experienced main contractor in place, we look forward to building a lasting relationship with Atlas Land for the duration of this project and into the future.”
(Josh Morris Insider Media)