Developer to build 322 apartments in Leicester

Developer Watkin Jones is to build a 322 unit Build to Rent (BTR) development in Leicester,  after getting the green light.

The housing will consist of 174 one bed units, 137 two bed units and 11 three bed units.

The company expects to start work on the site in next year with a phased completion anticipated during 2019-2020.

Mark Watkin Jones, chief executive officer of Watkin Jones, said: “We are delighted to announce the further progression of our BTR business. Our plan to sustainably grow this exciting element of the Group continues and we are pleased to see that opportunities from within the development pipeline are moving forward.

“We believe the BTR business will continue to drive growth, alongside our student accommodation business, as well as providing excellent visibility of earnings and cash flow.”

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