Go ahead for £23m student development in central Derby
Student accommodation and built-to-rent specialist, Prosperity Capital Partners, has received planning consent for Cathedral View
Posted by Julian Owen | December 07, 2017 | Bricks & mortar
student-development, prosperity-capital-partners, cathedral-view, derby, gavin-barry

A £23 million cluster-led student development has been given the green light in Derby. The scheme will include 319 ensuite bedrooms - with shared kitchen and living rooms in two blocks, nine-storeys high - with student support facilities at ground level, along with cycle storage and landscaping. Located within the city’s Cathedral Quarter, the site is next to the Joseph Wright Campus on Cathedral Road, with two multi-storey car parks nearby and the centre within walking distance. 

Gavin Barry, CEO of Prosperity Capital Partners, said: “Derby continues to have a clear need for well-designed, well-located student accommodation – so much so that Cathedral View is our second development in the city tapping into this demand. The scheme has been well-supported by the local council and we are very close to signing with an established, high quality operator to run the accommodation, once construction is complete.” 

The scheme was designed by Cartwright Pickard, with London & UK Property acting as the development manager. Work is set to commence this month, with the development ready for the 2019 intake of students.