New student accommodation coming to Leeds through £30m Gregory scheme

Gregory Property Group is set to deliver a new 407-bed student residential scheme on the edge of Leeds city centre.

Following forward funding, planning consent was granted in November 2018 for the £30m+ scheme located on a prominent site on Bingley Street.

Until recently, the site was occupied for more than three decades by Maxi’s restaurant; the first purpose built Chinese restaurant in the UK.

Gregory Property Group has secured forward funding from Curlew Alternative Asset Management (Curlew) and subsequently appointed Leeds based GMI Construction Group with a £21.5m contract to build ‘The Refinery’.

The nine, 10 and 11-storey scheme, designed by award winning AHR Architects, comprises studios and bedroom clusters with terrace and garden features. Facilities will include share social hubs, a cinema, gym, games room, concierge and state-of-the-art 24-hour security.

Ian Scott, head of investment management for Curlew, said: “We are delighted to provide the forward funding for The Refinery.

“It will provide high quality accommodation for students and will be a further excellent addition to our portfolio of student accommodation across the United Kingdom.”

Gregory Property Group is a local developer responsible for various developments in Leeds including office schemes on Wellington Street and Whitehall Road.

Cushman & Wakefield’s Manchester office and Michael Leonard of Carisbrooke Estates acted on behalf of Gregory Property Group in the acquisition of the site and forward funding. Montagu Evans represented Curlew.

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