Construction Maison

Property developer iQ has released plans to create a halls of residence for graduates in Manchester city centre . Three blocks of 'co- living accommodation ' dubbed Echo Street are earmarked for a site on Granby Row, near Piccadilly station. The development, designed by Sheppard Robson, will create 643 bedrooms, a mix of studios and shared apartments, for young professionals who are being outpriced by the current private rental market . With all inclusive rents, including bills and amenities, and only one week's deposit needed iQ claim the scheme will make city centre living affordable for graduates and young professionals. According to Zoopla the average cost to rent a one bed flat in Manchester city centre is £850. This climbs to £1,130 for a second bedroom. However, the developers were unable to give a figure for Echo Street on how it will compare to current rental prices . Read More Echo Street will also include 242 bedrooms of student accommodation on the si...

25 Aug 2017, 11:30 The team behind plans for 900- bedroom student and graduate co-living scheme in Manchester city centre is expecting to submit a planning application by the end of September. Earlier this month, IQ Student Accommodation , backed by the Wellcome Trust, Goldman Sachs and Greystar, revealed plans for a large- scale residential scheme targeted at young occupiers, next to Vimto Park and the train line into Manchester’s Piccadilly station. Designed by Sheppard Robson, the three-block scheme would replace the existing Chandos house student accommodation building with 643 bedrooms aimed at recent graduates and young professionals, alongside 242 rooms for university students. The Echo Street development , described as “the UK’s first ‘co-living’ scheme”, would include fully furnished apartments , amenity spaces, work areas, lounges and a gym. The three buildings are staggered in height from 12 to 24 storeys. IQSA is yet to confirm its rent prices, but said it has consid...