Alumno and Hurlington Capital have gained approval from the London Legacy Development Corporation for a purpose-built student accommodation on Marshgate Lane in Stratford, east London.
The approved PBSA scheme comprises 316-beds, as well as lounges, study spaces, cinema room, private dining area, gym, games room, external courtyard spaces and four individual roof terraces.
Of the beds, 35% will be designated as affordable as defined through the London Plan. University College London has expressed interest in a nominations agreement, with the site being just a 10-minute walk from its new East Campus.
The site is next to Pudding Mill Lane Masterplan currently being developed by LLDC.
Hurlington Capital managing director Harry de Lotbiniere said: “Marshgate Lane marks the fourth PBSA scheme in Hurlington’s London pipeline, demonstrating our continued commitment to investment in the sector.”
Knight Frank consulted on planning for the scheme.
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