Universities unveil investment plans
13 August 2012
Two universities have launched proposals for major investment in their accommodation as the institutions seek to attract more students.
The University of Cambridge has received planning permission for a massive £1bn development in north-west Cambridge, which will see 1,500 homes for key university employees, 1,500 homes for sale, accommodation for 2,000 students, and 100,000sq m of research facilities being developed.It will also provide a range of community facilities, while a third of the site will be used as public open space for recreation and ecological use.
The university is seeking residential and commercial development partners to take the project forward.
Meanwhile, the University of Bath has announced a £100m investment in its campus, covering a new teaching space, student accommodation and an arts centre.
Under the initiative, £43m will be spent on new accommodation, comprising 708 en-suite bedrooms in 75 flats across two buildings.
