Bath Spa University has exchanged contracts for the purchase of new student residential accommodation opposite Green Park in Bath, which is currently under construction.
The new development will be known as Green Park House and will consist of 461 new student homes alongside a new café and management suite.
The property will be constructed by Berkeley Homes, part of the Berkeley Group, who acquired the land for development at the end of 2013.
This acquisition continues a development programme which has seen a new state-of-the-art academic building and student residential accommodation being built at the University’s Newton Park campus.
Professor Christina Slade, Vice-Chancellor at Bath Spa University said: “I am delighted that we have secured Green Park House for the next phase of our development plans.
“This new development will allow more first year students to be housed in dedicated student accommodation, and provide more choice of on-campus and off-campus housing.
“The University is making significant investments to enhance the quality of our student experience, and this is a very welcome addition to the facilities available to Bath Spa students.”
Andrew Saunders-Davies, Chairman of Berkeley Homes (Oxford & Chiltern) said: “The construction of Green Park House is well underway and we are delighted to have agreed the sale of the building to Bath Spa University.
“Once completed, the development will provide very high quality, purpose-built, managed student accommodation in a sustainable location in the City centre.”
Work on the residential development is scheduled for completion in summer 2016.