New student residencies get top marks in Leamington

A new scheme of student residences in Leamington has been given top marks – as it reached its highest point.

Coventry-based Deeley Construction is building 100 new residential units on behalf of WCG at its Royal Leamington Spa College campus in Warwick New Road.

A topping out ceremony was held at the scheme to mark the development reaching its highest point, with work due for completion later this year.

The new £4.5 million development came about when WCG was in discussion with Deeley Properties, the development division of the Deeley Group, on its need for more student residences.

The company came up with an innovative way of funding the scheme by inviting a pension fund to invest in the development, allowing Deeley Properties to take care of the design, build, finance and land package.

Many of the professionals from businesses and organisations that have been involved in the project so far went along to the see how it is progressing.

Martin Gallagher, managing director of Deeley Construction, said: “Work is progressing well and it was great to be able to share that with so many partners who have been involved and everyone was very impressed with the new build.

“The way this development has evolved shows how we, as a Group, can offer much more than construction alone. By working with WCG, we have helped to secure funding and then drew up a scheme that fitted its needs the best.

“On the construction side, we’ve worked with WCG before and it is always a great testament to us to win repeat business with a client in this way.”

WCG Director of Estates John Vickery said: “It has been great to see the building taking shape and we’re very pleased with the progress so far, so a big thank you to all the partners involved.

“Once finished, this will complement our current accommodation, providing a modern, safe place to stay for students and apprentices right on campus.”

Pictured (left to right): Martin Gallagher (Managing Director, Deeley Construction), Stephen Wood (Chair, Board of Governors, WCG), John Vickery (Head of Estates, WCG), Peter Husband (Group Deputy Principal, WCG).