Ealing Council has approved additional student accommodation and office space at Exchange Plaza, 58 Uxbridge Road, Ealing, W5 2ST.
The phased development is for the construction of a ten- to twenty-storey mixed-use development comprising Part A—Purpose-Built Student Accommodation (PBSA) with a ground-floor flexible hub; and Part B—office floorspace with associated ground-floor uses, together with related outdoor amenity spaces, landscaping, public realm improvements, cycle and DDA vehicle parking, refuse storage, and ancillary and enabling works.
The accommodation will be close to the University of West London and the Elizabeth Line, which provides access to other Central London Universities. The building would provide 504 student bedrooms and 35 per cent would be affordable.
The PBSA Needs Assessment shows that 45 per cent of students in Ealing reside in private rented accommodation, and only 21 per cent live in private halls. There are currently 4.9 students requiring accommodation for every available PBSA bedroom. The proposed development would contribute to the housing supply and address an identified need for PBSA in Ealing.
The Economic Benefits Statement indicates that construction would support 130 Full-Time Equivalent (FTE) gross jobs over three years and an average of 130 direct, indirect, and induced net additional FTE jobs, 600 gross direct on-site FTE jobs, and 610 direct, indirect, and induced net additional FTE jobs for Greater London residents, including 225 jobs for residents of Ealing. Additionally, there would be monetary obligations of £1,583,366.
However, will the proposal remain viable with the short-term fall in student numbers coming to the UK?
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