The 401-bed Burnet Point project will be built in Edinburgh will have a development cost of nearly £60m

The city centre project will also be Unite Students’ lowest carbon new-build and will use low-carbon concrete and timber composite.

Its life cycle assessment is currently 702 kgCO2e/m2 (carbon emission equivalent per square metre), the lowest in the group’s new-build portfolio.

Burnet Point is set to be completed in September next year, ready for the start of the 2025/26 academic year. In total, it will have 298 student beds and 49 private-rented residential apartments. A total of 17 affordable residential apartments will be provided through housing association, Hillcrest Homes.

Tom Brewerton, group development director at Unite Students, said: “This is the company’s first combined development of purpose-built student accommodation, build-to-rent and affordable housing.

“We look forward to contributing positively to the student and private rental market in Edinburgh to help address the supply-demand imbalance in the city.”

“We are excited to build our lowest carbon new-build property to date in our portfolio.”