Mace to take £35m London student digs job

Aaron Morby 11 years ago
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Mace Living is expected to finalise a deal with the Carlyle Group to build an 800-room student accommodation scheme for City University in London.

The building contract is understood to be worth in the region of £35m and will be the latest major project started by the Carlyle Group under its Pure Living student brand.

The student flats project, which is Mace Living’s second deal with the group, will be known as Pure City and will be located on a 1.5 acre site on Goswell Road in North London.

Key elements of the project include a new 34,000 sq ft sports hall designed to Sport England criteria and 20,000 sq ft of teaching accommodation for the University.

The student accommodation will be arranged in two blocks of 429 single studio units, 240 ensuite study bedrooms and 136 beds arranged in twin apartments.

Private equity group Carlyle launched plans to build four student accommodation schemes across London worth £350m last year.

Morgan Sindall also recently secured an estimated £25m deal to redevelop the former Hammersmith Palais concert venue from the private equity group.

Work has just started on Pure Hammersmith

Mace Living is also due to complete Pure Highbury, a 400-bed private residential hall, located just two minutes walk from Finsbury Park underground station.

The final and smallest scheme at Ewer Street in Southwark is out to tender for 150 student rooms, bringing the total to around 1,800 rooms under the Pure brand.

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