Regal London has been given the green light by planners for two purpose-built student accommodation schemes (PBSA) in London.
In Southwark, Regal London and funding partners UMTB have received planning permission to deliver 941 student beds and 200 affordable homes at Devonshire Place (pictured), located at 747-759 and 765-775 Old Kent Road.
The plans also include a new convenience food store and GP surgery, along with transport infrastructure upgrades to enhance links with surrounding areas. Shaw Corporation coordinated the planning process and will act as development manager for the project.
In Brent, Regal London – in partnership with Secure Trust Bank – has been granted permission for 639 student beds at Wembley Greenway, situated to the rear of 390-406 High Road, Wembley. The company had previously gained permission for 359 beds on an adjacent site and the two sites have now been brought together, bringing the total number of beds to 998.
Both Devonshire Place and Wembley Greenway will be BREEAM Excellent and will seek to be amongst the first PBSA projects in the UK to be WELL Platinum certified. Construction on both projects will commence in 2024.
Simon De Friend and Paul Eden, co-founders of Regal London, said: “Whilst others may sit on their hands and wait for circumstances around them to change, we have taken the opportunity to bring our PBSA portfolio into the spotlight. With 25 years of experience of residential development behind us, our student projects, with 4,000 beds in the current pipeline, will reflect the continuing quality and design excellence with which we have built our reputation.
“With the available capacity representing only 25% of the student housing requirement , we are looking forward to playing our part in helping to meet London’s urgent student demand.”
