The new development at the former Cowley Barracks site will be delivered for the 2019/20 academic year with total development costs expected to be around £75m.
Planning approval has been obtained for a complex of blocks ranging from three to five floors. Architect Broadway Malyan has designed the brick and slate tile clad scheme that echoes the quadrangle design of many of Oxford’s colleges.
Richard Smith, CEO of Unite Students, said: “This acquisition represents another exciting step in Unite’s strategy of building long term partnerships with high quality universities.
“It also shows our ability to continue adding to our market-leading portfolio of buildings in locations where there is a shortage of affordable high quality student accommodation and we can exploit our service platform to drive operating efficiencies.”
Brendan Casey, Registrar and Chief Operating Officer, Oxford Brookes University, said: “The proposed development is near existing Oxford Brookes halls of residence and is well connected with multiple bus routes including the University-funded BROOKESbus.”