Elkstone announces plans for PBSA scheme in Belfast

Elkstone Partners has a rich pedigree of delivering high quality PBSA schemes across Ireland including Belfast.

Elkstone releases PBSA plans for 39 Corporation Street in Belfast | PBSA News
Elkstone releases PBSA plans for 39 Corporation Street in Belfast.

Elkstone Partners has announced plans for a new 850-bedroom purpose-built student accommodation (PBSA) scheme at 39 Corporation Street in Belfast, Northern Ireland.

The proposed PBSA scheme will help to meet the continued demand for student accommodation that exists in the city.

The residential units are either self-contained studios with private kitchens or groups of single bedrooms with ensuites and a shared kitchen, living and dining area.

The new PBSA scheme will boast an internal amenity space that includes a fitness centre, laundry, cinema, common room, social meeting space, study area, wellness facilities and retail/services on the ground floor.

Elkstone Partners has a long track record of delivering PBSA schemes across Ireland. Its impressive portfolio includes Galway, Cork and Dublin

A further 156 new student rooms are set to be welcomed when Bradbury Place opens in Belfast this summer.

“Located a short walk from the Ulster University campus, the development of 39 Corporation Street would deliver significant regeneration and vibrancy to an under-utilised city centre area steeped in tradition and full of potential.

“It represents a major investment that will deliver very tangible economic benefits, generating increased footfall and economic activity that businesses will welcome.

“The 39 Corporation Street scheme would assist in meeting the future vision of a higher density city centre whilst being sensitive to the provision of appropriate and useable external amenity spaces.”

Ciarán McIntyre, Elkstone Partners Co-Founder and Head of Real Estate

The site currently includes unoccupied commercial office premises and a surface car park.

The design gives consideration to the existing street frontages.

It is situated between Corporation Street, Gamble Street and Tomb Street.

More information regarding the 39 Corporation Street proposal will be provided in the coming weeks.

The company is about to deliver a community consultation period. This includes public information events and a media advertising strategy.

Last year, the company also topped out at its Bradbury Place PBSA scheme – marking a significant milestone which also marks the first of Elkstone’s projects in Belfast and Northern Ireland.