Demolition paves the way for multimillion-pound Merrion Street student development in Leeds

Development specialists Urban Group (York) Ltd has completed the demolition work at 26-34 Merrion Street and has now commenced on the foundations of the circa £15m nine-storey Straits Aire student accommodation scheme in Leeds.

The 32,000 sq ft (2,898 sq m) building will provide 88 boutique en-suite suite studios, including four rooms designed for those with disabilities and two premium suites.

With on-site facilities including a cinema, gym, lounge, event, dining and breakout study space and laundry facilities, it is expected to appeal to students seeking high specification accommodation.

Straits Aire is being delivered by Urban Group’s Construction Division, which specialises in buy-to-let residential and student accommodation, and will complete in summer 2024.

Q Investment Partners (QIP) closed on the circa £15m deal last year, and this transaction forms part of a larger institutionally-backed student housing fund. The circa £150m portfolio managed by QIP comprises some 1,000 bedrooms around the UK, from Edinburgh to Greater London

Craig Stevens, Construction Director at Urban, said: “This is a challenging site in a constrained city centre location. With careful management we are on schedule and there has been lots of interest as the building starts to emerge.

“We are working with a fantastic team of sub-contractors and have established a variety of work and training opportunities in the city as part of the development.

“Ultimately, it will be great to b