|Project name:||Bangor University’s residential site at St Mary’s|
|Project description:||Bangor University has reached financial close on its £30m student accommodation programme with the preferred bidder. The consortium comprising Cityheart, which is leading the project, plus Vinci and CRM, will deliver 600 new rooms on the university’s St Mary’s campus.
Work on the new buildings is set to be completed in time for the new academic year in September 2015. The scheme will also allow Bangor to close 200 old rooms that are no longer fit for purpose.
|Region:||UK - Wales|
|Current status:||Project Signed - 25/07/2014|
|Public Sector Procuror Details|
|Authority/Commssioning body:||Bangor University|
|Public sector contact:||James Burrows,
+44 (0)1248 388 718
|Public sector advisors:||Eversheds - Legal Advisors
PwC - Financial Advisors
|Private Sector Details|
|Consortium name:||Cityheart/ VINCI|
|Private sector shareholders:||Vinci Construction - Shareholders
Cityheart Ltd - Shareholders
Corporate Residential Management (CRM) - Shareholders
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