Sectors - Community
Caledonian Secure Student Development
5 May 20
Caledonian Modular have been awarded a £40 million turnkey contract by Studytel®, to build 528 student bedrooms in Penryn, near Falmouth in Cornwall.
The contract is the latest in a series of major new multi-million-pound contract wins for the Newark-based business. The new development will provide high quality accommodation for students who are studying at Penryn Campus, which is jointly shared by Falmouth University, and, the University of Exeter.
The building will provide a new high-tech and innovative approach toward student accommodation, with the Studytel® scheme including single bedrooms, self-contained studios and cluster apartments with shared kitchens and communal spaces.
Caledonian were chosen due to their successful track record when it comes to supplying large modular projects, and, their recent experience with other high-quality student accommodation schemes. Along with their ability to develop cost-effective, volumetric design solutions for this aesthetically striking building.
Caledonian Modular are to manufacture the modules at their factory in Newark concurrently as the construction of the concrete framed structure is to be created on site. This approach will also significantly reduce the overall construction schedule, meaning a handover will b enabled in time for the new term in September.
Paul Lang, CEO of Caledonian Modular, said: “In spite of the events happening on a world stage, we continue to grow and develop as a business. The Studytel® project is the latest major contract win for Caledonian. A large proportion of our recent new business wins are turnkey projects as clients are beginning to understand the benefits it gives them in terms of budget certainty, speed to market and quality consistency.”
“Our growth over the last few years is the result of our strong position in the modular market. Through our ongoing improvements in design and material selection as well our ability to consistently deliver projects on time and within budget, we have become a trusted partner for volumetric building solutions.”
The first phase of Studytel® Penryn is due to open to students at the start of the academic year 2021/22.
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