Revised plans in for Sheffield 960 co-living flats scheme
Residential & Regeneration, Pre-Construction, Interiors & Refurbishment...
Student accommodation specialist Code Living has submitted revised plans for a major co-living development in Sheffield City Centre.
Designed by Staniforth Architects, the latest application for the site at the junction of Wellington Street and Rockingham Street has been down-sized because of rising construction costs from a previously approved 1,380 flats scheme that would have risen to 38 storeys.
The scaled-down 960-flats scheme will include a cinema and gym split across three connected blocks rising from 12 to 26 storeys.
The latest re-engineered plan for a smaller 36,560 m2 building comes after attempts to reduce affordable living and £1.5m CIL contributions were rejected.
Since the first 2019 application, build costs have jumped 22% to £2,092 m2. This has taken the building cost of the revised project to around £76m, and the total project cost before finance to £97m.
Under the new plan, the developer aims, subject to planning, to start pre-construction this summer with main construction getting underway before the end of 2023.
Written by Aaron Morby - Construction Enquirer.