Summary:
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Telford Living, the UK residential development arm of Trammell Crow Company (TCC), has exchanged contracts to acquire a major site in Stratford and has submitted plans for a new PBSA scheme. Subject to planning approval, construction is expected to start in 2028 and practical completion is targeted for 2032.
- The proposals for the development through extensive engagement with local stakeholders, residents and students. The planning application proposes a PBSA-led mixed-use scheme of 749 beds across two buildings, including 50% affordable student accommodation.
- The deal marks Telford Living’s first acquisition since its rebrand and strategic repositioning, and it says that the PBSA-led development underlines the company’s ambition to deliver across all living sectors, including Build-to-Rent and co-living.
Original article:
