A student accommodation joint venture (JV) established by BAM Construction is underway with a £18.4 million project in Newcastle.
The BAM Connislow JV began developing three connecting accommodation blocks spanning between Stoddart Street and Clarence Street in January.
The development, designed by xsite architecture, will rise to seven storeys and will include enough space for 409 students.
Accommodation will be a mixture of ensuite bedrooms with shared kitchens and self-contained studio flats.
Funding for the scheme was secured from the Curlew Student Trust.
Dougie Peters, MD of BAM Properties, said: "The BAM Connislow JV is delighted to be starting our second student accommodation project. We intend to develop more schemes in locations where there is high demand from students.
"Our advantage is that we can draw on the development, design, construction and FM expertise in BAM as well as the specialist funding expertise of Connislow to develop effective schemes that will be attractive to students."
The project is due to be completed in summer 2017.
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