Banks Long & Co secures project to deliver 469 bedroom student community
One of the biggest investment deals in Lincoln is to be under the management of property consultants Banks Long & Co who are set to be consulting on the new project ‘Valentine Court’ development in the former Superbowl site next to Valentine Retail park off Tritton Road – Castle Square Developments will be delivering the project.
The 496 bedroom student community will be completed by September 2019 with other teams on board including Stem Architects as designers, building contractor Lindum Construction, and Wilkin Chapman Solicitors.
Managing director Tim Bradford was reported as saying: “We advised Castle Square Developments to finance the development through a forward funding route, as the terms offered compared very favourably to other major UK university cities.
This demonstrates how highly Lincoln ranks with institutional investors. With turmoil in the market created from Brexit, we were delighted to complete the deal just before Christmas.”
Further reports can be read on the Lincolnshire Live website.