Far East Orchard (FEOR) has announced that it has been granted “Gateway 2” approval under the UK’s Building Safety Act for its purpose-built student accommodation (PBSA) project at Plymouth Grove in Manchester. This significant development will provide 239 beds and is expected to be completed by 2028. Following its completion, the project will be operated by Homes for Students (HFS), a subsidiary of FEOR.
The Development Overview
Strategically situated within walking distance of both the University of Manchester and Manchester Metropolitan University, the Plymouth Grove development is ideally positioned to cater to the needs of students in one of the UK’s largest student markets. This location addresses the pressing demand for student accommodation in Manchester, which is currently characterised by a significant undersupply.
Market Context
Manchester has been recognised as one of the key cities in the UK for higher education, attracting a large number of domestic and international students each year. The decision to proceed with this development comes at a crucial time as the city continues to experience a shortage of suitable accommodation for students. FEOR’s investment in this project is a strategic move to enhance the local PBSA landscape, which is critical for supporting the growing student population.
Looking Ahead
With the approval secured, FEOR can now initiate construction and move forward with its plans to provide high-quality student housing. The completion of this PBSA project is expected to have a positive impact on the local economy, generating jobs during the construction phase and providing accommodation options for students upon its completion. As Manchester’s student accommodation market evolves, developments like Plymouth Grove are essential in meeting the needs of the academic community.
This development marks a significant step for Far East Orchard as it expands its portfolio in the UK PBSA market, reinforcing its commitment to addressing the housing challenges faced by students. The project is poised to not only enhance student living conditions but also contribute positively to the broader housing sector in Manchester.