Campus Living Villages expands Bournemouth student accommodation portfolio
September 11, 2017Read More
A consortium including Campus Living Villages has been selected for an £85 million project by Durham University to create up to 1,000 new student bed spaces for two new colleges in Durham.
We have been chosen as the University’s preferred bidder for the project, providing facilities management for the colleges. Tenancy management, academic and pastoral activities will remain the responsibility of the University.
The consortium, comprises of leading support services and construction firm Interserve, fund and asset management company Equitix and ourselves to finance, build and operate the two new facilities for up to 50 years.
Space will be provided for John Snow College, which is relocating from the University’s Queen’s Campus in Stockton-on-Tees, and a new 17th college.
Interserve’s construction division will design and build the two new residential facilities, plus associated academic and social college spaces on a University-owned area of land – Mount Oswald – just to the south of the city.
Richard Gabelich, CEO for Campus Living Villages UK, said: “We are delighted to be an integral part of this consortium in delivering a fantastic student-centric project for one of the world’s top universities
“We have a highly experienced team who are dedicated to contributing to the University’s objective of providing the best in student experience to an extremely competitive market.
“This high-quality project will add to our ever-expanding portfolio across the world and we’re looking forward to working closely with our consortium partners and Durham University.”
Jane Robinson, Chief Operating Officer for Durham University, said: “Our ambitious University Strategy, 2017-2027 aims to ensure we continue to deliver world-class research, education and wider student experience.
“The development of two new colleges at Mount Oswald is a key project in delivering a wider student experience as good as anywhere in the world. We are very pleased to be working with the consortium to deliver this project.”
Debbie White, Chief Executive for Interserve, added: “Interserve has an extensive portfolio of student accommodation projects, which demonstrates the strength and capability of our teams working in partnership with clients in the further education sector.
“We look forward to building on our 15-year relationship with Durham University by starting work on this exciting project.”
Outline planning permission for the site was granted in 2013 with the university now seeking approval for details of the scheme.