A Preston city centre plot of land which has stood empty for years is to get a multi-million pound facelift.
The large site in Fylde Road is set to become the home of a modern student accommodation complex.
Although planning permission was granted back in 2011, the land has new owners who plan to spend £13m on a prestigious student development.
They are sticking to the original design.
The project, just 100 metres from the University of Central Lancashire main campus, will include 246 rooms, most of them en-suite, in small clusters of five apartments.
A separate postgraduate annexe consisting of 20 studio units for students wanting more independence will also be built.
The development will also include a cinema, games room, study areas and laundry room, as well as parking spaces, cycle storage.
There will be a dedicated on site property management company.
The development site forms part of the Jubilee Trading Estate and most of the 12 units have stood empty since around 2008.
Work on clearing it is imminent and the building programme is expected to be completed for the start of the 2016/17.
Jubilee Court, as it will be known, is the latest in a number of new student builds in the city, which has a shortage of purpose built accommodation compared to student numbers.
UCLan recently released details of a £200m regeneration plan, which includes a transformation of the Fylde Road area.
The university’s Fylde building is due to be demolished during the summer.
James Harrington from Emerging Property, agents for the development owners A1 Alpha Developments (Leciester) ltd. said:“UCLan contributes approximately £300 million to the local economy each year and with the announcement of a £200 million investment masterplan this is set to be further enhanced.”
He added: “The construction of quality, purpose built student accommodation will underpin the university’s ambitious development proposals, sustaining high demand from both UK and overseas students into the future.”
UCLan is one of the fastest growing universities in the country and was the first modern university in the UK to enter the QS World Rankings.
It has recently invested £100 million in its buildings, teaching technology and facilities at the Preston campus.