To keep pace with growing international student demand, one city will get a new purpose-built development, providing accommodation for more than 680 residents.
Urbanest has this week announced new development plans in Adelaide, including a partnership with The University of Adelaide, which will address “the need to support the growing international and domestic student sector”.
The development will deliver an additional 689 purpose-built student beds to the Adelaide market.
Professor Pascale Quester, deputy vice-chancellor and vice president (academic) at The University of Adelaide said the development would only increase Adelaide’s appeal.
“This partnership with Urbanest provides excellent student accommodation at this most central, convenient and landmark location,” he said. “This adds to the unique Adelaide experience we strive to provide our students, complementing other accommodation options in the city.
“Urbanest has a great track record in delivering student accommodation, and worked with us to deliver accommodation to New Zealand students who came to Adelaide to study after the devastating Christchurch earthquakes in 2011.”
The new student community will be located on North Terrace, directly opposite The University of Adelaide. According to Urbanest, it will feature a “diverse product mix, that will maximise affordability by offering multiple price points for students”.
“In addition, the product offering will feature state-of-the-art amenities including a fitness facility, meeting spaces, a mini-theatre, games rooms and a variety of conferencing facilities that will enhance the educational experience of occupants,” Urbanest said in a statement.
The University of Adelaide currently offers 590 beds of managed accommodation to its student community, including The University of Adelaide Village on Grote Street and Roseworthy Residential College. The partnership with Urbanest will extend the number of rooms available for the exclusive use of The University of Adelaide students.
Local Adelaide building firm Built Environs has commenced work onsite, with completion in November 2017, in preparation for the 2018 academic year.