HB Reavis Development has made its first step into the UK’s purpose-built student accommodation (PBSA) market after so far focusing on office developments in London. Now, they have plans to redevelop an office near Waterloo Station in London into a PBSA scheme.
The development will offer a mix of studios and shared accommodation, with communal areas on each floor and 10% accessible units. The scheme will integrate renewable energy systems, low-carbon technologies and high-quality cycle storage to support sustainable living.
“This project marks an exciting next step for HB Reavis development projects as we step into the student living sector.
“Following the success of our Worship Square office development which completed last year and is already nearing total occupancy, we’re bringing our people-centric approach to a new audience.
“10 Leake Street is a fantastic opportunity to create high-quality, sustainable student homes in one of London’s most vibrant and well-connected neighbourhoods.”
Steven Skinner, Chief Executive, HB Reavis Development
PLP Architecture has been selected to lead on designing the project and HB Reavis aims to deliver a sustainable building targeting BREEAM Excellent certification.
Public consultation events are scheduled in May and June ahead of planning submission intended for summer 2025.
“We are delighted to be working with HB Reavis on their first purpose-built student accommodation project in the UK.
“Set on Leake Street – where London’s infrastructure doubles as an open-air gallery – the design stacks living, learning, and socialising into a vibrant ecosystem that’s as dynamic and expressive as the neighbourhood it inhabits.”
Andrei Martin, Partner, PLP Architecture
