ENGIE has landed over £200 million in contracts for a state-of-the-art student accommodation and regeneration scheme with Freemens Common Village LLP, the special purpose vehicle (SPV) established to design, build, fund, manage and operate the project for University of Leicester.
ENGIE will oversee the delivery of 1,164 new student homes across seven blocks, the refurbishment of a grade II listed building (to be used as office and study space), the construction of a 500-space multi-storey carpark and the creation of a new 9,000 m2 teaching and learning centre.
This will be followed by a 50-year hard facilities management contract, which will support the day-to-day lives of the students by providing technical services, estates management and external cleaning for the new residences, as well enabling high speed Wi-Fi and IT services to ensure the best experience for occupants.
ENGIE will also deliver lifecycle management to the residences, which incorporates infrastructure replacement right through to internal components.
A key element in the design of the new facilities is energy efficiency. The overall scheme will incorporate a number of renewable and energy-saving technologies including solar panels, highly efficient centralised gas fired Combined Heat and Power (CHP) and LED lighting will be installed.
Martin Smithurst, Divisional Chief Operating Officer for ENGIE’s Places & Communities Division (North), said: “This is a prime project for ENGIE, as it’s one of the few occasions where we get to showcase our broad capabilities in placemaking. These contracts not only allow us to demonstrate our expertise across energy, services and regeneration; but provides us with the opportunity to apply our long-term investment model, by taking an equity stake in the scheme. This assures our partners and students of our long-term commitment to Leicester and its university.”
Building work is expected to commence in September 2019 and will take three years to complete