The 65 Crutched Friars purpose-built student accommodation (PBSA) development, currently under construction in the heart of London, is set to undergo significant changes as the developer, Dominus, seeks to enhance the project’s scope. In collaboration with the Migration Museum, which forms an integral part of this mixed-use scheme, the developer is aiming to modify existing plans to secure additional space on the site.
The Expansion Proposal
Currently, the Migration Museum is designated for two floors within the building. The ground floor will host a vibrant retail area, a welcoming reception, and an impressive double-height exhibition space, while the first floor is intended for exhibitions and educational facilities. However, Dominus has proposed a revision to these plans that would allow the museum to occupy the ground floor exclusively, thereby freeing up the first floor for an additional 33 student accommodation rooms. If approved, this will bring the total number of rooms in the development to an impressive 815.
Support from the Migration Museum
The Migration Museum has voiced its support for the amendment, noting that even with a reduction in their physical space, the new location will be approximately 50% larger than their previous premises in Lewisham. The museum’s management believes that this change will significantly improve their financial standing and enhance funder confidence, a crucial aspect for ongoing operations.
Next Steps and Community Considerations
The City of London will ultimately determine the outcome of this proposed change. While the museum has expressed its support, there has been an objection suggesting that the newly available space could be allocated to another cultural venue, highlighting community interests in the decision-making process. In an effort to support the museum further, Dominus has committed to contributing £500,000 under the S106 agreement as a Museum Fundraising Donation, which is required to be paid to the Museum Operator prior to the accommodation’s occupation.
Additionally, the Migration Museum will offer free entry to visitors, thanks to a generous 60-year lease granted by Dominus, which stipulates that no rent or service charge will be required. This arrangement underscores the developer’s commitment to ensuring that the museum remains a vital cultural asset within the community.