en.Wedoany.com Reported - UK developer Tiger Developments has commenced work on a purpose-built student accommodation scheme on Carmoor Road in the Ardwick area of Manchester. The project, with a total development value of £40 million, is funded by Tiger Developments in partnership with Hampshire Trust Bank, with GMI Construction Group serving as the main contractor.
The student accommodation project will offer 172 bedrooms, comprising a mix of studio and en-suite units, within walking distance of the University of Manchester. Designed by Lechler Hayes Architects, the development consists of two linked buildings ranging from three to six storeys, featuring shared amenities, landscaped outdoor spaces, and public realm improvements. Approximately 15% of the rooms will be offered at discounted market rents for students from lower-income families.
Upon completion, the student accommodation will be managed by Host. Host is the operational arm of Tiger Developments and one of the UK's larger student accommodation providers. The project is scheduled for completion for the 2027/28 academic year, with the aim of achieving a BREEAM Excellent rating and an EPC A energy efficiency certification.
John Nesbitt, Executive Director of Tiger Developments, said: "We are delighted to start construction on our latest project in Manchester, a city with strong demand for well-located student accommodation. This development reflects our commitment to providing sustainable, well-designed homes for students while positively contributing to the local community."
Andrew Dignum of Hampshire Trust Bank said: "We are pleased to support Tiger Developments in delivering this high-quality student housing project in Manchester. By combining our shared expertise and aligned vision, we are advancing a well-designed and sustainable development that responds to demand in one of the UK's strongest university markets."
Phil Johnson, Regional Director of GMI Construction Group, said: "Being appointed as the main contractor for this new development in Manchester, we bring a wealth of experience in delivering similar high-quality projects across the UK."
Tiger Developments is part of the O'Flynn Group, which has delivered and owns over £2 billion of property in the residential sector since the early 1990s. This student accommodation project is part of Tiger Developments' ongoing expansion across UK university cities.
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