Tiger Developments has officially started the construction of its latest purpose-built student accommodation (PBSA) project in Manchester, representing a significant expansion in the city’s burgeoning student housing sector. Situated on Carmoor Road, this new development is conveniently located within walking distance of the University of Manchester, aiming to provide 172 high-quality bedrooms designed to meet the needs of today’s students. Upon its completion, management of the property will be overseen by Host, the operational arm of Tiger Developments and one of the largest providers of student accommodation across the UK.
Project Details and Funding
The scheme boasts a gross development value of £40 million, with financial backing from Tiger Developments and its funding partner, Hampshire Trust Bank. The construction will be executed by GMI Construction Group, a specialist main contractor known for its expertise in delivering high-quality projects. The expected completion date is scheduled for the academic year of 2027/28, aligning with the increasing demand for well-managed student housing in the UK.
Focus on Affordability and Sustainability
In a bid to enhance affordability for students from lower-income households, approximately 15% of the rooms within this development will be offered at discounted market rent. This approach not only addresses financial barriers but also demonstrates a commitment to inclusivity within the student accommodation market. Aside from affordability, the project is aiming for BREEAM Excellent and EPC A ratings, signifying a strong dedication to sustainability and energy efficiency, which are increasingly important factors in the UK PBSA market.
Market Position and Expansion Plans
The Carmoor Road development is strategically positioned to satisfy the rising demand for professionally managed student housing in one of the UK’s largest university cities. This project is part of Tiger Developments’ broader strategy to expand its footprint across key university cities throughout the UK, complementing ongoing projects in Bristol. By reinforcing its presence in these locations, Tiger Developments aims to contribute significantly to the landscape of student accommodation, providing not only housing but also fostering community integration.
Industry Perspectives
John Nesbitt, Executive Director at Tiger Developments, expressed enthusiasm about the commencement of construction in Manchester, a city characterised by robust demand for well-situated student accommodation. He stated, “This development reflects our commitment to delivering sustainable, thoughtfully designed homes for students, while also contributing positively to the local community. Through our trusted student housing brand Host, we look forward to welcoming students in time for the 2027/28 academic year.”
Moreover, Andrew Dignum from Hampshire Trust Bank commented on the collaboration, highlighting, “We are pleased to support Tiger Developments in delivering this high-quality student housing scheme in Manchester. By combining our shared expertise and aligned vision, we are bringing forward a well-designed and sustainable development that responds to clear demand in one of the UK’s strongest student markets.”
Phil Johnson, Regional Director at GMI Construction Group, also shared insights about their role in this venture, stating, “Appointed as main contractor for this exciting new development in Manchester, we bring extensive experience delivering high-quality projects like these across the UK. We will work closely with Tiger Developments, focusing on delivering the scheme to our exacting standards throughout the construction phase.”
Tiger Developments, part of the O’Flynn Group of companies, has a history of specialising in large-scale student accommodation, co-living, and commercial spaces designed to enhance community living. Since its inception in the early 1990s, the group has successfully delivered and managed over £2 billion worth of property across the living sector. By collaborating with its operational brand Host, it provides a vertically integrated service to capital partners that includes the refurbishment and management of existing assets, reflecting its comprehensive approach to the UK PBSA market.