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February 2020

Plans for a new five-storey building featuring more than 60 flats have been given the go-ahead.

Under the plans, Tiger Developments will build 62 one-, two- and three-bed apartments, of which 19 per cent will be affordable homes. City of York Council approved the application earlier this week (11 February 2020).

The council initially deferred a decision on the application January 2020. The scheme was subsequently revised and will now include a 28-space car park, and bicycle parking for each apartment.

Seb Horst, from Tiger Developments, said: "A vacant brownfield site will be transformed into a high quality, sustainable landmark building, providing high-quality homes for the people of York whilst creating a new community that will enhance the character and appearance of the area."

Other contributions made by Tiger Developments through the scheme include financial assistance to increase capacity at Tang Hall Primary at Archbishop Holgate schools; improve tennis, basketball and bowling green facilities at Glen Gardens; enhance accessibility at Monk Bridge Gardens; and help create a publicly accessible children's play space at Park Grove School.

This article was published by Insider Media Ltd.

January 2020

Hoxton London is the first 'ground-up' students homes scheme backed by the bank's pioneering green loan initiative.

Tiger Developments and it's sister company Host Sudent Housing have unveiled Hoxton London, in what they are calling a 'Happiness-driven' student accommodation scheme that is back by Lloyds Bank's green loan initiative.

Tiger and Host Student Housing have developed over 12,500 student beds in the UK and Europe. the 273-bed scheme has been designed by architect Stride Treglown. 

Senior Development Manager at Tiger Developments, Keith Dean, said: "By drawing on extensive expertise, The Project at Hoxton sets a precedent for quality and research-led design in this sector. The student accommodation market is rapidly changing with growth at the top end. Within this competative market, it's critical we deliver buildings that enhance the student experience, and this goes hand-in-hand with responding to their wellbeing and welfare needs."

The Project is the first ground-up student development support by Lloyds Bank's green loan, with funding through the bank;s Green Lending Initiative.

The building has been awarded a BREEAM 'Excellent' rating and once occupied, the development and investement team are committed to procurring all the building's energy from renewable sources.

A dedicated student management Project Guide is on site to help curate a specialised programme of social activities and wellbeing initiatives, such as yoga and cooking lessons.

Kate Wojciechowski, South East Regional Manager at Host, said: "Wellbeing and welfare is primary to The Project at Hoxton's ethos. This environment is designed to nourish a balanced lifestyle and a supportive student community. By appointing a specialised Project Guide, The Project at Hoxton is taking the right steps to maintaining and enhancing the wellbeing of its residents and helping them to adjust to their new lives." 

 

This article was published by CoStar.

December 2019

M&G has bought one of the two remaining student accommodation buildings in Blackrock’s Onyx Collection.

 

The investor has acquired 273-bed asset The Project at Hoxton for a price of £79m, reflecting a net initial yield of around 4.25%.

 

Developed and run by Host and its development arm Tiger Developments, the building was completed in August this year with a GDV of £70m. With interior design by Naomi Cleaver, the building was developed with a focus on incorporating well-being and encouraging student participation.

 

The building is one of four in the collection. Two further assets - The Elements in Sheffield and The Foundry in Leeds, were sold to Far East Orchard for £71.65m last month.

 

The final asset and the largest in the collection with around 920 beds, Point Campus, is under offer to DWS for a price understood to be higher than £118m.

 

Blackrock instructed agents to sell the four buildings back in May, with a target price of around £300m. At the time it said it was open to selling the buildings individually or as a collection.

M&G declined to comment.

 

This article was published in Property Week.

October 2019

Work has started on a 125-student flats development in Leicester city centre.

Tiger Developments and nmcn are working on the project in Castle Street for students at De Montfort and University of Leicester.

A two storey, 1960s office block will be knocked down to be replaced by a part three, part four and part five-storey building, housing 125 bedrooms across 20 cluster flats and three one-bedroom studios.

The development was granted planning permission by Leicester City Council in November 2018.

It is the second purpose-built student accommodation development the companies have worked on together in Leicester, the first being the refurbishment and extension of ‘The Glassworks’ on Newarke Street, which opened in September 2016, creating 398 student bedrooms. 

As with ‘The Glassworks’ the new Castle Street flats will be operated and managed by Tiger Developments associated company Host.

Keith Dean, senior development manager at Tiger Developments, said: "This is a great opportunity to regenerate this part of Leicester city centre, replacing a largely empty office block with secure, modern and much needed homes for students, many of whom will be living away from home for the first time. We are delighted to be delivering our second major development in Leicester, which is one of the UK's most diverse cities and has a thriving international student community."

Nick Banks, nmcn’s operations director for the building business unit, added: "The ceremony marks the continuation of our partnership with the client team and it is great to see the whole team together to mark the start of this prestigious scheme and be part of regenerating this historical part of Leicester."

The article was published by Insider Media Ltd.

September 2019

Work has started on a £16 million development aimed at providing more than 250 new homes for university students in Colchester.

New artist's impressions from student accommodation provider Host reveal the scale of the development, on the site of the former bus depot in Magdalen Street.

Self-contained studio flats, en-suite 'cluster' apartments with private bedrooms and bathrooms, a gym, quiet study area and seminar room are all planned for the scheme, which was given the green light in October 2018.

If all goes to plan, the flats will be ready in August 2020, with the first students set to move in the following month.

"This development in Colchester town centre will provide a great place for students to live within a very short distance of the University of Essex, one of the top 10 fastest growing universities in the UK," said Keith Dean, of developers Host and Tiger.

Planning officers at Colchester Borough Council had previously expressed hopes that the student flats scheme would help to regenerate the area.

July 2019

Tiger Developments Ltd. have lodged plans for the construction of a new block of more than 60 apartments on a derelict site in York.

Supported by Rolfe Judd Planning & 3D Reid, we have submitted an application to City of York Council for the resurrection of the vacant brownfeield site at the junction between Eboracum Way & Layerthorpe.

In total, the development would yield 38 one-bed, 21 two-bed and 6 three-bed units, with 13 properties earmarked for affordable housing. A total of 22 car and 71 cycle parking spaces are proposed, with communal grounds and amenity spaces created for residents.

May 2019

Tiger Developments has secured funding on behalf of their partners Victoria Hall Management Ltd. (VHML) for the construction of two student schemes in Colchester and Leicester.

The £25m package will help to deliver 252 student beds in Colchester for students at the University of Essex, and 131 beds in Leicester which are located nearby to the campus of De Montfort University.

Further details were published in Property Week:

https://www.propertyweek.com/finance/-puma-makes-50m-of-new-loans/5102777.article

March 2019

Tiger Developments and Blackrock, who bought the two and a half hectare Southern Dairy Depot in Station Road, Drayton, in 2015 have sold it to developer Dandara.

The land has been derelict since at least 2009 and got planning permission in 2017 to become a mix of two-bedroom flats and two, three and four-bedroom houses. 

Among those properties, it is expected to contain affordable housing for families – as well as associated open space.

   

October 2018

Tiger Developments have successfully delivered the student scheme in Denby Street, Sheffield in time for academic year 2018/19.

"The Elements" will be managed by Host, a student-facing brand for Victoria Hall Management Ltd, and has recently welcomed students from Sheffield Hallam University in South Yorkshire, England, just a short walk away from the accommodation building. The public university is the 11th largest in the UK with a student population of 30,815.

There are a total of 735 en-suite cluster bedrooms, divided into mainly 4-6 bed flats, as well as 3 studio flats. 

John Nesbitt, Managing Director of Tiger Developments, added: “Tiger Developments are delighted to have delivered the Elements student accommodation building in Sheffield which we have recently developed on behalf of the Blackrock European Fund. We are honoured that Karen Burke, Head of ASRA and Accommodation Services at Sheffield Hallam University officially opened the scheme. This is a fabulous student accommodation scheme which we believe offers award-winning, high quality accommodation and living experience to Hallam’s students."

 

Pictured (from left): John Nesbitt - Tiger Developments, Karen Burke - Sheffield Hallam University, Christie Lee - VHML, Keith Dean - Tiger Developments, Thomas Mueller - Blackrock

Travelodge opening
August 2017

Tony O Brien (pictured centre), Travelodge Property Director says:

“We are delighted to be celebrating our 30th anniversary in Yorkshire by becoming the largest branded hotel provider in York with the opening of our fifth hotel in the city. York Layerthorpe Travelodge is our flagship hotel in York as it’s our largest property.

“Over the last three decades, Travelodge has become famous across the country for offering unbeatable value and making travel affordable for everyone, which has helped attract more business and leisure travellers to the area.

"As we look to the future, Yorkshire is a key growth area for Travelodge. Following our one-million pound investment in upgrading the customer experience and raising quality levels across our Yorkshire hotels, we have seen a significant increase in sales; interestingly, with more business customers staying in our hotels than ever before."

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