UQ responds to housing market with new student residences project – UQ News
A second student residence complex is planned for the University of Queensland’s St Lucia campus to help address the shortage of suitable and affordable rental accommodation.
The complex will double UQ-owned student accommodation and follows the success of the 610-room Kev Carmody House, which opened at 100 per cent occupancy in 2022.
Vice-Chancellor Professor Deborah Terry said the University’s feasibility study found that demand for purpose-built student accommodation will continue to grow over the coming years.
“Vacancy rates for rental accommodation in Brisbane are at record lows and the supply of purpose-built student accommodation has slowed in recent years,” Professor Terry said.
“This project would complement existing accommodation owned by UQ and our residential colleges, hopefully taking some pressure off the rental market in our surrounding area.”
The development will be funded through a Queensland Treasury Corporation loan to develop campus housing, which also supported the construction of Kev Carmody House, and is expected to be financially sustainable from the first year of operation.
Professor Terry said a number of design options were being assessed, with the development likely to include three buildings of 5 to 9 storeys due to the topography of the Walcott Street site.
“The project would be built opposite Kev Carmody House and UQ-owned units on Walcott Street,” Professor Terry said.
“We will consult with Brisbane City Council and others as we consider appropriate integration with the surrounding area.”
Professor Terry said that like all UQ-owned accommodation, the project would offer students accommodation options at below market rates.
“The university is committed to making studying here more accessible to students from rural and regional areas and those from a low socio-economic background and this project will help us achieve this.
“We also need to accommodate our students who leave their families behind to join us from abroad.”
The accommodation will be of a similar quality to that in Kev Carmody’s housewith flats and air conditioning in all rooms and central cooking facilities on every floor, along with a mix of study spaces, 24/7 management, as well as gym and games room facilities.
Some self-contained apartments will also be included.
A final business case is likely to be considered later this year and, if approved, construction would begin in 2024 for an opening to start the first semester in 2026.
Media: UQ Communications, [email protected]+61 429 056 139.
The mention sources can contact us to remove/changing this article
What Are The Main Benefits Of Comparing Car Insurance Quotes Online
LOS ANGELES, CA / ACCESSWIRE / June 24, 2020, / Compare-autoinsurance.Org has launched a new blog post that presents the main benefits of comparing multiple car insurance quotes. For more info and free online quotes, please visit https://compare-autoinsurance.Org/the-advantages-of-comparing-prices-with-car-insurance-quotes-online/ The modern society has numerous technological advantages. One important advantage is the speed at which information is sent and received. With the help of the internet, the shopping habits of many persons have drastically changed. The car insurance industry hasn't remained untouched by these changes. On the internet, drivers can compare insurance prices and find out which sellers have the best offers. View photos The advantages of comparing online car insurance quotes are the following: Online quotes can be obtained from anywhere and at any time. Unlike physical insurance agencies, websites don't have a specific schedule and they are available at any time. Drivers that have busy working schedules, can compare quotes from anywhere and at any time, even at midnight. Multiple choices. Almost all insurance providers, no matter if they are well-known brands or just local insurers, have an online presence. Online quotes will allow policyholders the chance to discover multiple insurance companies and check their prices. Drivers are no longer required to get quotes from just a few known insurance companies. Also, local and regional insurers can provide lower insurance rates for the same services. Accurate insurance estimates. Online quotes can only be accurate if the customers provide accurate and real info about their car models and driving history. Lying about past driving incidents can make the price estimates to be lower, but when dealing with an insurance company lying to them is useless. Usually, insurance companies will do research about a potential customer before granting him coverage. Online quotes can be sorted easily. Although drivers are recommended to not choose a policy just based on its price, drivers can easily sort quotes by insurance price. Using brokerage websites will allow drivers to get quotes from multiple insurers, thus making the comparison faster and easier. For additional info, money-saving tips, and free car insurance quotes, visit https://compare-autoinsurance.Org/ Compare-autoinsurance.Org is an online provider of life, home, health, and auto insurance quotes. This website is unique because it does not simply stick to one kind of insurance provider, but brings the clients the best deals from many different online insurance carriers. In this way, clients have access to offers from multiple carriers all in one place: this website. On this site, customers have access to quotes for insurance plans from various agencies, such as local or nationwide agencies, brand names insurance companies, etc. "Online quotes can easily help drivers obtain better car insurance deals. All they have to do is to complete an online form with accurate and real info, then compare prices", said Russell Rabichev, Marketing Director of Internet Marketing Company. CONTACT: Company Name: Internet Marketing CompanyPerson for contact Name: Gurgu CPhone Number: (818) 359-3898Email: [email protected]: https://compare-autoinsurance.Org/ SOURCE: Compare-autoinsurance.Org View source version on accesswire.Com:https://www.Accesswire.Com/595055/What-Are-The-Main-Benefits-Of-Comparing-Car-Insurance-Quotes-Online View photos
to request, modification Contact us at Here or [email protected]
- UQ responds to housing market with new student residences project – UQ News
- Imran Khan faces end of road as Pakistan army cracks down
- Who was at the Boris Johnsons Checkers party? Boris’ camp panics over new Partygate demands
- Pulse Clean Energy secures $215 million for UK BESS pipeline
- Shirley Collins’ ‘Archangel Hill’ is a testament to a life well livedExBulletin
- PH table tennis ‘in the right direction’ with SEA Games in the picture
- UNICEF Football Aid Announces Pure Play AO as Partner Ahead of Charity Match at Old Trafford — Retail Technology Innovation Hub
- Success in the 2022 Premiers Awards for Health and Medical Research
- Norway warns people to stay away from ‘spy’ Russian whale
- WATCH: Havoc breaks out at Narendra Modi Stadium to book tickets for IPL 2023 Final
- Brandel Chamblee responds to Claude Harmon III’s request for “paid actor”
- From one chapter to another | Oak Woods Principals Dress Up for Kindergarten Graduation | News