A purpose-built student accommodation development is being launched in Stratford, East London.
Poland House will have 284 student beds, 35% of which will be affordable accommodation, while it comes from Firethorn, an investor, developer and asset manager.
The developer McAleer & Rushe has been appointed to deliver the £50m contract, while the project is due for completion ahead of the 2028/9 academic year.
Paul Martin, head of development at Firethorn, said: “Poland House is the third student development in our expanding Living portfolio, as we continue to strengthen our presence in prime university cities across the UK.
“With excellent connectivity, in an area of continued investment and regeneration, this project reflects our continued commitment to providing high-quality, sustainable accommodation that enhances the student experience.
“McAleer & Rushe has a proven history of completing best-in-class PBSA assets and we look forward to working closely with the team to develop the site at pace.”
Poland House residents will have common rooms, study areas and an on-site gym.
Mark Diamond, senior drector at McAleer & Rushe, said: “We are delighted to cut the first sod together with Firethorn on Poland House, marking a significant milestone in the delivery of this exciting new student development in Stratford.
“Reflecting our shared commitment to building vibrant, well-designed spaces that stand the test of time, this development will be a valuable addition to the local community, with which we will actively engage throughout construction to make a positive and lasting contribution.
“With our experienced team and trusted supply chain, we look forward to delivering high-quality, sustainable accommodation for East London’s thriving student community.”
Firethorn’s portfolio includes purpose-built student accommodation developments in Hackney Wick, Stratford, and Leith Walk in Edinburgh, and the office-to-residential conversion of One Bessborough Gardens in central London.
The company has acquired 5 Lloyd’s Avenue in the City of London, with plans to convert the office building into a high-density hotel with modern public amenities.
Work is well underway at the 138-bedroom site in Sackville Place in Dublin, which will sleep up to 716 guests