Mount Pleasant Halls student accommodation completed for St Edmund’s College, Cambridge
Howard Osborne LLP has handed over Mount Pleasant Halls to St Edmund's College in Cambridge after completing the development.
The development, on the corner of Mount Pleasant and Castle Street, beside the college, provides 199 en-suite standard student rooms and 73 studio flats, with each room benefitting from an en-suite shower room or wet room.
Howard Osborne LLP is a joint venture between the Cambridge-based property developer and investor Howard Group and student accommodation specialist Osborne.
They marked the handover at a presentation to Matthew Bullock, the master of the University of Cambridge college, attended by fellows and officers of St Edmund’s, representatives from Legal & General, which funded the development, and members of the project team.
The site was originally identified as an opportunity in 2013 and was speculatively purchased from the Universities Superannuation Scheme.
A close working relationship with St Edmund’s College and an understanding of the need for high quality student accommodation resulted in a pre-let agreement between Howard Osborne and St Edmund’s for the entire development.
Clusters of eight standard rooms are grouped around high-specification shared kitchens and communal living areas. State-of-the-art security, secure undercover cycle storage and a high-quality finish are intended to create an inspirational environment.
Nicholas Bewes, CEO of Regent Street-based Howard Group, said: “The shared values and experience of Howard Osborne, combining two multi-generational family owned businesses, has enabled us to deliver a landmark student development that will give students outstanding facilities and provide a vibrant community during their time at Cambridge. Our combined ethos and the strength of our relationship has created a unique partnership, through which, we will deliver further market leading student accommodation developments like Mount Pleasant Halls in the future.”
Andrew Osborne, chairman of Reigate-based Osborne, said: “We are delighted to be part of providing this prestigious and environmentally sustainable student accommodation development. Working collaboratively with key organisations, such as Cambridge City Council, the University of Cambridge, Legal & General and St Edmunds, the development has responded to their needs by delivering high quality student accommodation whilst being environmentally sensitive in its approach.”
Mr Bullock added: “Having identified Mount Pleasant as an ideal location for new student halls some years ago, it has been exciting to watch the development come to fruition. As the college continues to enjoy significant growth, Mount Pleasant Halls is ideally positioned to offer both our students and academic staff an impressively high level of contemporary accommodation, conveniently located within the college grounds into the future.”