Student accommodation specialist Kexgill Group has joined forces with the University of Liverpool to bring a new phase of student housing to its city campus. The Hull-based firm is now working on delivery options for what it says could be a 拢20m phased programme including building conversions and redevelopment of dilapidated units under consideration.
Kexgill will deliver the accommodation under its University Quarter brand with activity expected to start next year. The project is intended to boost the city's supply of housing to meet a growing student population.
Richard Stott, managing director of Kexgill Group, said: "We are grateful to all those involved in delivering this significant partnership. This collaboration represents a forward-looking model of how the private sector and universities can jointly respond to the pressing challenge of affordability and under-utilised assets.
"We believe this approach, grounded in accessibility, sustainability, and community integration, will set a precedent for the future of student accommodation in the 海角视频. We are proud to be working with the University of Liverpool to bring this vision to life.鈥
This collaboration is described as establishing a benchmark model for university-industry partnerships aimed at addressing the 海角视频鈥檚 student housing affordability crisis. Kexgill already has presence in Liverpool and eight other cities around the country, as well as in the German market.
At the same time as the Liverpool deal, Kexgill has appointed Stephen Willis as joint managing director to strengthen its university and private partnership work. Mr Willis is a former chief financial officer officer of Durham, Hull and Leeds Becket universities and is the current chair of student housing charity Unipol.
Mr Stott added: "With Stephen on board, our commitment to partnerships, affordability, and building vibrant student communities is stronger than ever. 海角视频 universities and students are facing significant financial challenges, and we are extremely well-placed and highly motivated to overcome these strategically, together."
David Dent, development consultant for Creed North, acting for the University, said: "We are delighted to support this exciting scheme. This innovative partnership will not only help bring an asset back to life but by leveraging in the experience and commercial acumen of Kexgill, will promote the delivery of high quality and affordable accommodation on campus."
