Godwin Developments will transform the Agard Street site into 142 studio apartments for students from the University of Derby.
Gurdeep Gill, associate director at Godwin Developments, said: “We are excited to develop this site which will be the perfect location for students, as it’s just a stone’s throw from the University of Derby’s law school.
“As developers, we work closely with universities to ensure our developments contribute as much as possible to improving the wellbeing of students.
“The property will be designed to encourage social interactions as students are now looking for an environment that has a sense of community and provides both private and social spaces.
“At Godwin Developments, we strive to meet the demands of students themselves, by ensuring accommodation has high-quality personal space that allows them to concentrate on their studies in a space they feel safe in – enabling them to get the most out of their university experience.”
The Agard Street site is one of the latest projects to be added to Godwin Developments’ growing portfolio, which contains a diverse range of commercial, residential and mixed-use property assets in key regional locations.
The developer now has 3,000,000 sq ft of development space across the UK totalling £600m GDV.