The project is being developed by Maven Capital Partners, alongside Glenmore Group and supported by Axiom Project Management, CAG Architects, Indev Consult and Hutcheon Services.

The project, termed the Hessian Student Accommodation, named after the hessian fabric factory formerly located on the development site, is located between Douglas Street and Brown Street in the heart of the city centre.

Full planning permission has been granted for 152 new PBSA studios, plus amenity spaces. Construction started in May 2023 and the property will be completed ahead of the 2024/25 academic year.

Commenting on the project, CHAP Group’s managing director Hugh Craigie said: “The Hessian Student Accommodation Project is a significant addition to CHAP Group’s portfolio and is part of our ambitious growth plans as we move into a new geographical area.

“We are thrilled to have been chosen as main contractor for this exciting project and to have the opportunity to work with such esteemed partners.

“This is a significant and valued opportunity for CHAP Group, and we look forward to proving our capabilities and expertise in the student accommodation sector.”

Paul Johnston, partner at Maven, added: “We are delighted to be working with CHAP Group on the Hessian Student Accommodation project, in Dundee.

“We are committed to delivering high-quality developments that meet the modern needs of students and we believe that CHAP Group shares our vision and values.

“Their expertise and experience in the construction industry make them an ideal contractor for this project, and we look forward to working with them to deliver this exciting development.”

Andrew Whiteley, from Glenmore Student Property, said: “We’re absolutely delighted to be working with Maven and Chap Group to deliver what will be a best in class and much needed new PBSA scheme in Dundee.”