NuGen Properties

Midgard starts work on £250m UCL towers

Midgard starts work on £250m UCL towers


The three towers will range from 28 to 48 storeys in height

Urbanest Canary Wharf comprises three towers of between 28 and 48 storeys containing 1,672 bedsits and 80 residential apartments for students of University College London (UCL).

Developer Urbanest has now closed and completed on all financing and construction agreements to deliver what will be the largest purpose-built student accommodation (PBSA) scheme in Europe.

The development, designed by Apt Architects, is being built next to Billingsgate Market on the edge of Canary Wharf.

As well as Europe’s biggest PBSA scheme, it will also be Europe’s largest Passivhaus development, it is claimed, with air source heat pumps and plants climbing up the outside.

Amenities for students will include a gym, yoga studio, cinema, study spaces and games rooms, all situated within an elevated skybridge – and a drive-thru McDonalds restaurant.

There will also be 40,000 sq ft office and workspace.

Midgard, part of the JRL Group, is expected to complete construction in 2026.

Johnny Manns, chief investment officer at Urbanest, said: “The scheme reflects our commitment to working with exceptional designers to deliver high quality architecture and truly world-class environmental performance. With a growing student population in London, we strive to create high quality accommodation which provides students with more choice. We look forward to working with our construction and funding partners over the next three years and then to welcoming our first intake of UCL students.”

In addition to Urbanest Canary Wharf, Urbanest Battersea is also under construction and being built to Passivhaus standards. Between them the schemes will deliver around 2,500 student beds. This is in addition to the 4,000 beds across Urbanest’s central London portfolio of developments that have already been built.

Got a story? Email [email protected]



Source link


Customer Reviews

Nugen Properties

Customer Reviews

Dan Morten 18/01/22

Google
Easy to work with, Jordan and the team were professional and were easy to communicate with.
Would highly recommend.

Di Hayes 20/08/22

Google
NuGen Properties built an extension to the rear of my property, replacing the old conservatory. I am so pleased I chose this company. From the initial quotation, through the build and after they were professional, polite & well mannered. They kept the site tidy throughout the build and kept me informed of each stage as it happened. The work was finished to a good standard and I have had nothing but compliments on their work. I am already planning for them to come back and do some more work for me in a few months. I would 100% recommend them.

Bradley Eyles 20/06/23

Google
Nugen were fantastic throughout the works they carried out on my property, Jordan provided constant updates and ensure any questions I had were always answered. All works were completed in a timely fashion, on budget and exceptional customer service. Highly recommend!

Sonny Carter-heyward 29/02/22

Google
Brilliant service, renovated my house to make a dream a reality. Thanks guys

sitemanager 22/01/23

Google
Great firm to communicate with fast and good quality work.