Unite Group receives planning permission for Coventry University student building

26th Mar 2015 07:13

Unite Group has received planning approval to build a student housing complex on a 2.1 acre site in central Coventry.The new building will cater for 286 students and its completion is expected in time for the 2016/17 academic year.Development costs for the property will reach £17m, according to an investor note released on Thursday, and returns are expected to be delivered in-line with the company's regional development plans.Located near an existing Unite building, the new property will become part of a 1,000 strong student grounds close to Coventry University.Managing director of property for Unite Richard Simpson said: "We are delighted to have received planning consent in Coventry, as we continue to progress our regional development pipeline. "Achieving planning through delegated decision reflects the confidence Coventry has in Unite and will enable us to continue supporting the University by providing a safe, secure home for the city's growing student population."