Select Property Group has secured planning permission for a £41m student accommodation scheme at Fountainbridge in Edinburgh.
Operating under Select’s Vita Student brand, the residence will comprise 261 self-contained studios, a 5,000 sq ft social hub area including private study rooms, a movie room and gym. The residence will open in September 2017.
The development will also feature three retail and leisure units and marks the final phase of the city’s Fountainbridge Regeneration Scheme, which includes retail, office and residential accommodation.
Ken Knott, chief development officer of Select Property Group, said: “Select is immensely proud to be advancing the final phase of the Fountainbridge Regeneration Scheme and today’s news is a significant milestone for our business and the latest step in us bringing the Vita Student brand to Scotland.
Mark Stott, chief executive officer of Select Property Group, added: “With eight residences operational and four more sites in development across Glasgow, Newcastle and York, we’re looking forward to adding another award-winning residence to our portfolio north of the border and supplying the unmet demand in this fantastic city.”
