The development will be known as'‘Live Oasis: Strato' and it will be aligned to the existing Live Oasis brand. A total of 210 studio apartments will be provided featuring kitchen, bedroom, en suite, storage and living facilities. The range of communal spaces will include a gym, meeting rooms, multimedia room, communal lounge and kitchen, study spaces, wellbeing lounge and eighth floor roof terrace.
The design and build project is expected to complete in September 2023.
The development will be exclusively managed by YPP Student and Professional Lettings, which has been operating since 2010 and currently manages over 2,000 beds over 42 properties and across 7 cities.
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Cathal Montague, regional director for Farrans Construction, said: "This is an exciting project for Farrans, in one of the most ambitious and energetic cities in the UK at the moment, and it further cements our portfolio in the midlands and north of England. We are pleased to be building 'Live Oasis: Strato' in Leeds and adding to the regeneration of the city centre. We are about to complete a similar multi-storey project in Coventry called Elliott’s Yard, and our client was able to see that we are experienced in delivering technically challenging projects of this nature, in a central location, with a small site footprint and using Modern Methods of Construction.
"We are looking forward to becoming part of the Leeds community and providing educational and apprenticeship opportunities for young people to experience the construction industry. We always aim to leave a long-lasting, positive impact in the areas that we work and we will have a strong presence from our team on site from late September as the demolition works complete. We will be keeping the local community up to date with inform newsletters and a community noticeboard."
