CONSTRUCTION is underway on a new student accommodation project at at 292-298 St Vincent Street in Glasgow city centre.
Developer Artisan Real Estate and Homes for Students, an independent student management company, are partnering with contractor GRAHAM to progress the build of the ÂŁ33 million development, which will provide 321 studio apartments.
The previous office building on the site, which has remained unoccupied since 2019, has been demolished and substructure works are now progressing following the completion of piling.
The development is scheduled for completion in summer 2026 and will provide purpose-built student accommodation together with a range of facilities and amenities including a reception, study rooms, a gym, cinema room, roof terraces, and internal cycle storage for 160 bikes.
David Westwater, Artisan’s development director for Scotland, said, “The site is in a superb city centre location, within easy walking or cycling distance to a number of higher and further education establishments within the city. There is a demonstrable need for high-quality purpose-built student accommodation in the city, especially for individual studio apartments.
“The more longer-term student market we are targeting will bring energy and investment to the city centre and ensure deliverability of a superbly designed development to replace the existing office block which had remained vacant for the last five years. We will actively work with our neighbours to make the development an active and integral part of the local area, providing opportunities for our neighbours to share communal meeting spaces.”
Gary Holmes, regional MD at GRAHAM Building North, added, “It is fantastic to work with Artisan Real Estate to deliver attractive student residences within Glasgow city centre to alleviate the continued demand. Now that GRAHAM is on site, our team look forward to bringing the development out of the ground, breathing life back into a currently vacant site. This will help to aid wider regeneration efforts in the city, helping to retain its reputation as an attractive destination for both local and international students.”
The completed development will be managed by Homes for Students. CEO Martin Corbett said, “We are proud to be working closely with Artisan Real Estate to ensure this will be a best-in-class, purpose-built scheme. We will be creating high quality accommodation and amenities for students to enjoy, providing an exceptional user experience using the skills of our property team to foster and support student wellbeing whilst closely integrating with the local community.”