Future Generation completes first PBSA project
Future Generation has completed its first Purpose Built Student Accomodation (PBSA) scheme in Colchester in Essex.
The £25m Hythe Mills project offers shared spaces designed to encourage social interaction and healthy lifestyles.
Future Generation, the PBSA arm of developer Southern Grove, delivered the scheme as a joint venture with Tadhamon Capital.
Andrew Southern, chairman of Southern Grove and Future Generation, said: “I’m incredibly proud of this development.
“It’s the first of a number of student developments we are working on.
“The quality of the accommodation offered is second to none and we’re leaving clear water between us and the competition.
“We absolutely refuse to create schemes that aren’t design led, and Hythe Mills is a thing of beauty.
“We are determined that we are not going to end up among the ranks of developers whose buildings are pointed out in 30 years’ time as examples of hasty mistakes created by accountants.
“It’s all about the environment and an architectural legacy, as much as turning a profit.”