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Three named for £94m London student accommodation deals

Three contractors have been appointed to carry out works on student accommodation in London including a £26 million redevelopment of the former Hammersmith Palais.

Student accommodation firm Pure Student Living has appointed Mace, Morgan Sindall and Elliott Thomas for three separate deals.

Mace has landed the biggest of the contracts, worth £58m, while Morgan Sindall and Elliott Thomas won work worth about £36m combined.

Mace has been appointed to build the £58m Pure City (Goswell Road, Islington), Morgan Sindall at the £26m Pure Hammersmith site (the former Hammersmith Palais concert venue and nightclub) and Elliott Thomas for the £10m Pure Bankside (Ewer Street, Southwark). 

The Hammersmith Palais has already been demolished and will be replaced by three blocks of between four and nine storeys on the site, which will provide accommodation for 418 students.

The ground floor and basement levels of the building will create 2,140 sq m of leisure space, to be used by the local community.

The building, designed by Make Architects, will include several sustainable elements including a brown roof and a combined heat and power unit.

Managing director of Morgan Sindall’s London office Peter Jacobs said: “The historic wall that runs the length of the site and contains the building’s iconic artwork is part of the city’s heritage and will remain in place to commemorate the cultural significance of the Palais.

“This will also provide a great reminder of the exciting events that have taken place at this site over the years.”

The developments are due to be built during 2013 and 2014. Once completed, they will increase Pure Student Living’s capacity to about 1,800 beds in London, including the 400-bed Pure Highbury facility in Finsbury Park, which was completed in August and is already operational. 

Pure Student Living was founded by global alternative asset manager The Carlyle Group, which has pioneered student housing in the Netherlands through its The Student Hotel brand, and Generation Estates, whose management team has been responsible for about 5,000 high-quality, purpose-built student beds in London since 2004.

The Carlyle Group managing director Mark Harris said: “Having recently secured £125m of development finance we have made these appointments in order to get construction of our three new projects under way. 

“Over the next two years, we will bring online three state-of-the-art and well-located student accommodation facilities that will deliver over 1,400 much-needed new beds into the London market. 

“Mace, Elliott Thomas and Morgan Sindall are all expert contractors and we are confident that they will deliver first rate projects on time and on budget.”

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