KR Developments has entered into an agreement to manage the development of a new 430 bed student accommodation at 366 Cathedral Street in Glasgow. The project is the first development for CA Ventures in the UK.
KR Developments has also secured a second project for CA at Dart Square in Sheffield. The proposed development is directly across from the University of Sheffield Geography and Arts buildings. Planning permission is in place and KR Developments are hoping to deliver the scheme for completion in time for commencement of the new University academic year in September 2021.
KR Developments has now secured a third student accommodation project for CA Ventures at Dundee Street in Edinburgh. The 216 bedroom scheme has detailed planning permission and it is intended to commence the construction in September 2019 with completion programmed for spring 2021.
We completed the redevelopment of 151-155 George Street, Glasgow and sold the completed development to Empiric Student Property for £9.6 million in August 2017.
Originally constructed as a tobacco warehouse in the late 1800’s, the building was more recently used as offices by the University of Strathclyde. The building was redeveloped to provide high quality student accommodation comprising 87 self contained studios and 1 two bedroom apartment together with a gym, cinema, games room, common room, meeting rooms and laundry.
We purchased this small car park site in the heart of the Edinburgh’s Unesco World Heritage Centre from City of Edinburgh Council. We obtained detailed planning permission for a student accommodation development comprising 52 self contained studio apartments together with reception, meeting/common room and laundry.
Having undertaken an extensive archaeological programme of works and site preparation works, the new development was to be forward funded by Curlew Student Property in an agreed £8m forward funding deal. It was subsequently agreed that Curlew would purchase the development outright with K R Developments remaining as a joint venture partner.
A short distance from Glasgow University, this development was undertaken while at Macdonald Estates and comprised a 6 storey, 75 bedroom student residence leased to Kaplan and with a retail unit leased to Sainsbury’s at ground floor. The project was forward funded by Milton Keynes Parks Trust.
Construction was completed in August 2012 in time for the commencement of the new university academic year.
Following the successful completion of 1175 Argyle Street, another site close by was purchased in April 2013. The site was then developed in joint venture with Harwood Real Estate to provides a new 232 bedroom student residence. Complete with a sky lounge for studio residents, a gym, games room, common room and a communal garden the development provides excellent modern accommodation close to Glasgow University.
The building was sold on completion to AUB Student Property Fund and is now in the ownership of Unite.