Wrexham University brings 401-home site to market
Wrexham Glyndŵr University has put a seven-acre site at its Plas Coch campus up for sale with planning permission for up to 401 apartments as it progresses a wider overhaul of its campus.
Advised by Narvo Asset Management and Day Architectural, the university secured permission for the site from Wrexham Council earlier this month as part of a wider campus regeneration strategy, which includes a major redevelopment of its plot in the centre of Wrexham and the addition of several new buildings, including an engineering centre.
The seven-acre residential site is currently home to redundant student halls which will be knocked down to clear the plot for development. The outline permission includes three five-storey blocks and five four-storey blocks.
Legat Owen has been appointed to market the site to potential developers and will begin inviting offers in September.
Legat Owen director Stephen Wade said: “This is a significant instruction by Wrexham Glyndŵr University; Wrexham has a severe shortage of land with planning permission for residential development and we know that where development has taken place there is a pent-up demand for new housing. We are confident that this site will attract strong demand from both regional and national house builders.”
Lynda Powell, director of operations at Wrexham Glyndŵr University, added: “This is an important milestone in our vision for our Campus 2025 development strategy. The site is surplus to our requirements and therefore securing planning permission and disposing of this land enables us to progress with greater speed at making a huge difference to our main campus and will also make a positive contribution via residential development to help meet Wrexham’s housing need and bring more people to the town, securing future growth and economic prosperity. “