Construction
Services Specialists
ISG Plc - ISG secures landmark £100 million spitalfields student accommodation project
ISG has signed a preconstruction agreement
on a circa £100 million project to construct Nido Spitalfields,
a new-build 33-storey student accommodation development on
Middlesex Street in the City of London. The mixed-use scheme has
been developed by Nido Student Living, a specialist student
accommodation firm.
This scheme closely follows the first phase of the Nido Student
Living masterplan in London, which has seen the redevelopment of
two former NatWest Bank office blocks close to Kings Cross
Station, providing accommodation for 846 students. This latest
phase sees ISG construct an impressive concrete frame and part
steel frame building providing accommodation for 1,204 student
beds.
Featuring extensive curtain walling to its façade, Nido
Spitalfields will become an instant landmark on the central
London skyline and also features six ground floor retail units,
a gym and five-stories of commercial office accommodation
(84,480 sq ft of gross floor area).
The student rooms come in single or shared configurations, and
feature a kitchen area and a bathroom pod, which is manufactured
off site and then craned into position. Residents also benefit
from communal facilities including common rooms and study rooms.
The project is scheduled for completion by late summer 2010.
David Lawther, Chief Executive of ISG, commented: “We are
delighted to announce this contract win. It is an excellent
project for ISG and fits perfectly with our existing commercial
operations. This scheme, in the growing student accommodation
sector, is a classic example of the type of demanding, high
profile project that ISG is capable of delivering.”
Email:
Nick.Hann@isgplc.com