An Interserve-led consortium has been selected for an £85 million project by Durham University to finance, design, build and operate two new colleges in Durham City.
The consortium, made up of Interserve, fund and asset management firm Equitix and on-campus student accommodation developer and operator, Campus Living Villages UK (CLV), will finance, build and operate the two new facilities for up to 50 years.
Interserve’s construction division with Willmore Iles Architects will design and build the two new residential facilities, which will have up to 1,000 student bed spaces, plus associated academic and social college spaces on a University-owned area of land just to the south of the city. Interserve and Willmore Iles Architects will also design and build a University hub building on the same site, comprising student facilities and administrative space.
For further information please see the press release below:
http://www.interserve.com/news-media/press-releases/press-release/2017/10/03/interserve-led-consortium-selected-for-85-million-durham-university-project
