Lancaster-based CityBlock, which develops and manages student accommodation, has completed the build of its first development in Reading.
Opening in September, the new development is situated on Kings Road in the centre of Reading. The property, which has 146 student accommodation beds, houses a private dining room, study areas, lounges, a media room and a fitness studio.
Designed and built by Whittam Cox architects and Torsion, the new development, worth £21m, was built in what was once a 1960’s office building.
The new build has an industrial aesthetic, keeping in line with the look and feel of the original buildings.
Alongside developing the building, CityBlock, which is ANUK accredited and has been an established provider of accommodation in Lancaster for over 15 years, will manage the property and all the residents for the duration of their stay.
CityBlock’s operations director, Alison Bargh, said: “This is CityBlock’s first venture into Reading and our launch year is set to be a very success
ful one. We have filled all of the self-contained studio apartments and are almost at capacity in our other apartments. The development has been designed with the needs of students in mind, and the reception we have received so far shows us we have met the brief.
“With over 17,000 students descending upon Reading at the start of each academic year, making up over 5% of the city’s population, we need to ensure that the city has the capacity to house everyone. University students contribute to Reading commercially and this needs to be celebrated.”
Speaking of CityBlock’s ongoing commitment to the cities it invests in, Bargh continued: “For over 15 years, we have prided ourselves on taking eyesores within cities, and converting them into attractive buildings, providing benefits to both students and the wider communities living amongst them.
“When we enter a new city, we don’t just invest in student accommodation, but also provide opportunities for commercial outlets to join our buildings. From Subway to Sainsburys, we have experience of welcoming large chain shops and restaurants into our ground floor outlets to offer dining and socialising experiences to the city’s residents. Reading is no different, and there is already a Simply Local utilising the commercial space at Kings Road.
“We are looking forward to opening our doors to students in September, and seeing the positive impact CityBlock has on Reading.”