Inner city student accommodation provides big jobs boost
Global Student Accommodation (GSA) has appointed Bennett Construction as contractor on a 591-bedroom development at Brusnwick Street in Dublin.
It is expected that around 650 new jobs will be created during the building phase of the project, with a further 75 ongoing positions added once the development is completed.
The student accommodation will be operated by GSA. The development will include study and leisure space as well as a gym, games rooms and a cinema.
The site will also include 3,700 square metres of retail space. It is expected that construction will be completed in the middle of 2018 with the first students moving in during the autumn of 2018. Mola Architecture has been engaged on the development of the site.
"We are delighted to be commencing work on the Brunswick Street site and look forward to welcoming the first students through the doors next year," said Aaron Bailey, Head of Construction Europe, GSA.
"We are committed to supporting jobs for the local community and worked with the Grangegorman Development Agency to ensure full compliance with the local employment charter," Mr Bailey added.
The two companies are already partnering on a site in Gardiner Street in Dublin that will provide 491 beds once completed.
GSA has committed €250m worth of investment in student accommodation in Dublin which should help alleviate the supply crisis in the capital.
In addition to the Brunswick Street and Gardiner Street loactions, GSA is also developing a 400-bedroom purpose-built student accommodation site at Mill Street in Dublin 8 in conjunction with Harrison Street Real Estate Capital.