Green light for £20m student flats on Head Post Office site in Sheffield
A prominent and longstanding empty space in Sheffield city centre, passed by hundreds of commuters every day, is set to be transformed into a £20m block of student flats.
‘Vista’ will be a 16-storey block on a narrow plot opposite the entrance to the bus station sandwiched between Flat Street and Pond Street and facing the Penny Black pub.
It has been bought by Liverpool-based Mount Property Group which says work will start early in 2020, with completion planned for the September 2021 academic year.
The announcement comes after Sheffield Council approved a plan by Langland Estates to redevelop the entire Head Post Office site in September 2015.
Refurbishment of the listed buildings is complete, including the old post office which is now Sheffield Hallam’s Institute of Arts.
Langland’s initial aim was to build up to 22 storeys, but this was brought down to 16 two years ago after talks with the council’s planning department.
The approved scheme is for 241 ‘student units’ with ground floor reception, study lounge, coffee shop and bike store.
It is Mount Property Group’s first site in Sheffield.
Managing director Michael Chrysokhou said there was still a shortage of quality student accommodation in the city centre.
He added: “Sheffield is a fantastic university city with growing numbers of students and a continued shortage of high quality student accommodation in the city centre.
“In such a central location, so close to Sheffield Hallam, we can’t wait to start work on the site and bring Mount Student to the city.”
The un-built flats will be on sale from January. Once complete, a management company will handle rents and maintenance but Mount will retain ownership.
The firm will use its own building arm, Mount Construction.