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02/06/2017
Vinci Wins £97m Contract
Vinci Construction has won a £97 million contract to build a new multi-million pound student accommodation scheme for the University of Hull.
The scheme will feature 1,462 new single rooms and one-bedroom apartments comprising of nine storeys. Work is already underway on the project and overall completion is scheduled for September 2019.
Alongside the accommodation, an urban green and avenue will be developed to offer a range of facilities including a café, convenience store, laundry facilities and formal and informal outdoor areas. UPP will also take over the operation of the existing 288 rooms at the University's Taylor Court.
The first 478 new rooms will be available for students in 2018, with the remaining 948 in place in September.
The deal comes as the University Partnerships Programme (UPP) reached financial close on its £155m deal with University, which will see it operate 1,750 rooms on campus.
Overall, the deal boosts UPP's university partners to 15 and its portfolio under management or in construction to more than 32,000 student bedrooms.
Sean O'Shea, Group Chief Executive Officer of UPP, said: "We are delighted to have supported the University of Hull's plans to develop the multi-million-pound West Campus Residences Project.
"Our partnership will enable more students to live on campus at the heart of this fantastic institution. The scheme will facilitate the University's ambitious plans and have a positive impact on the wider community.
"By investing further in exceptional infrastructure that enhances the distinctive features of the University's campus and promotes sustainable living, the University will build on its market-leading position of delivering the very best student experience.
"To date this year, UPP has secured £155 million for the University of Hull, while it also reached financial close on a £104.7 million deal to enhance and increase accommodation at the University of London and its institutions."
Bruno Dupety, Chairman & Chief Executive officer at Vinci, added: "This will be the fifth student accommodation contract VINCI Construction UK has carried out for UPP. Our experience and expertise in the student accommodation sector will ensure the highest quality facility that enhances the student experience of life on campus."
(LM/JP)
The scheme will feature 1,462 new single rooms and one-bedroom apartments comprising of nine storeys. Work is already underway on the project and overall completion is scheduled for September 2019.
Alongside the accommodation, an urban green and avenue will be developed to offer a range of facilities including a café, convenience store, laundry facilities and formal and informal outdoor areas. UPP will also take over the operation of the existing 288 rooms at the University's Taylor Court.
The first 478 new rooms will be available for students in 2018, with the remaining 948 in place in September.
The deal comes as the University Partnerships Programme (UPP) reached financial close on its £155m deal with University, which will see it operate 1,750 rooms on campus.
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Overall, the deal boosts UPP's university partners to 15 and its portfolio under management or in construction to more than 32,000 student bedrooms.
Sean O'Shea, Group Chief Executive Officer of UPP, said: "We are delighted to have supported the University of Hull's plans to develop the multi-million-pound West Campus Residences Project.
"Our partnership will enable more students to live on campus at the heart of this fantastic institution. The scheme will facilitate the University's ambitious plans and have a positive impact on the wider community.
"By investing further in exceptional infrastructure that enhances the distinctive features of the University's campus and promotes sustainable living, the University will build on its market-leading position of delivering the very best student experience.
"To date this year, UPP has secured £155 million for the University of Hull, while it also reached financial close on a £104.7 million deal to enhance and increase accommodation at the University of London and its institutions."
Bruno Dupety, Chairman & Chief Executive officer at Vinci, added: "This will be the fifth student accommodation contract VINCI Construction UK has carried out for UPP. Our experience and expertise in the student accommodation sector will ensure the highest quality facility that enhances the student experience of life on campus."
(LM/JP)
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