When site visiting and in the write up of site visits, we have to estimate using our built up knowledge and experience of when developments will complete or indeed when they started. When it comes to student accommodation developments though it becomes very easy; as you can bet that completion will be some time around late August, early September, just in time for the new academic year to start.
However, on recent site visits to Whitechapel and Mile End, two very sizeable student developments are in the process of completing with just internal snagging left to do; way earlier than normally expected.
The Curve, by Chancerygate Group - 339 units
Scape by INTO University Partnership - 641 units
My first thought, was that with both of these schemes being in a great East London location and not far from the Olympic Park, then the developers have gone all out to complete them to serve the added demand which will be generated, in the form of a hotel or something similar.
However, on further inspection through Tower Hamlets it looks as though they will be occupied by 'officials and other persons associated with the Olympic and Paralympic Games'. Here's the planning application from Tower Hamlets.
I've no idea how much each developer will be making from this arrangement but I'm sure it will be a nice little earner for them and definitely worth the speedy construction...
Leave a comment
What a user pic? Get a Gravatar!