Midgard to build £250m student towers

3/10/23

Midgard has been appointed by developer Urbanest to deliver the largest purpose-built student accommodation PBSA scheme in Europe.

The £250m trio of towers next to Billingsgate Market in Docklands will also become Europe's largest Passivhaus development.

The scheme will deliver 1,672 student beds and 80 residential apartments for students of University College London (UCL).

The three towers will be between 28 and 48 storeys and the ground floor level is set to feature a drive-thru McDonalds restaurant together with 40,000 sq ft office and affordable incubator workspace.

Work is now starting with completion set for 2026.

Johnny Manns, Chief Investment Officer at Urbanest commented: "The scheme reflects our commitment to working with exceptional designers to deliver high quality architecture and truly world-class environmental performance.

"With a growing student population in London, we strive to create high quality accommodation which provides students with more choice. We look forward to working with our construction and funding partners over the next three years and then to welcoming our first intake of UCL students."

Source: Construction Enquirer