Oxford University is collaborating with Legal & General to develop a postgraduation accommodation for families at Court Place Gardens. As part of this £4 billion partnership, 84 postgraduate homes will be developed on this estate.
Check: Complete Guide to Student Accommodation in the UK
The city of Oxford is growing rapidly mainly due to the world-renowned University of the same name. This partnership will enable Oxford University to provide high-quality, affordable housing to postgraduate students, and as a result, appeal to and retain more talented students.
University of Oxford entered into this partnership with Legal & General in June 2019 and Oxford University Development (OUD) was set up. The Court Palace Gardens will provide homes to postgraduate staff and students, incubator space and academic centers.
Currently, there are only a few Graduate houses at Court Palace Gardens, besides Norman Church at Iffley. 71 new houses with three courtyards will be built in this location. The houses are specifically designed to be energy efficient, with air source heat pumps and play areas for children.
A Grade II listed Mansion House at this location will also be fully renovated along with 13 bedrooms and a common lounge space. The Gate lodge will also be restored and will offer three private bedrooms for rent. The project is scheduled to be completed for occupation by the 2024-25 academic year.
Anna Strongman, CEO of Oxford University Developments, commented, ‘...The development of Court Place Gardens will play a key role in the city’s evolution, creating much-needed housing to allow the City to attain and retain talent and allowing Oxford University to retain its world-class status.’
Mike Coplowe, Senior Development Manager, Legal & General, said, ‘The development of Court Place Gardens marks the start of our residential ambitions with Oxford University, which is an essential first step towards creating more modern, affordable and sustainable accommodation for the University.’
Dr David Prout, Pro-Vice-Chancellor (Planning and Resource), of Oxford University said that they are looking forward to working with L&G and OUD to achieve their aim of building 1,000 new units of graduate accommodation and 1,000 staff homes – something that will benefit the whole community by helping ease the pressure on Oxford’s housing market.
Comments