Revised plans in for Sheffield 960 co-living flats scheme

14/2/23

Designed by Staniforth Architects, the latest application for the site at the junction of Wellington Street and Rockingham Street has been down-sized because of rising construction costs from a previously approved 1,380 flats scheme that would have risen to 38 storeys.

The scaled-down 960-flats scheme will include a cinema and gym split across three connected blocks rising from 12 to 26 storeys.

The latest re-engineered plan for a smaller 36,560 m2 building comes after attempts to reduce affordable living and £1.5m CIL contributions were rejected.

Since the first 2019 application, build costs have jumped 22% to £2,092 m2. This has taken the building cost of the revised project to around £76m, and the total project cost before finance to £97m.

Under the new plan, the developer aims, subject to planning, to start pre-construction this summer with main construction getting underway before the end of 2023.

Source: Construction Enquirer