Modular construction specialist, Caledonian has secured a £40m turnkey contract with Studytel® for its 528-bed student accommodation scheme in Penryn, near Falmouth in Cornwall
Providing a new, high-tech and innovative approach to student accommodation, the Studytel® scheme includes single bedrooms, self-contained studios and cluster apartments with shared kitchens and communal spaces.
Caledonian was selected due to its successful track record supplying large modular projects and recent experience on other high-quality student accommodation schemes.
It was also chosen because of the ability to develop a cost-effective volumetric design solution for the building.
Caledonian will manufacture the modules at its factory in Newark concurrently as the construction of the concrete framed structure is created on-site. This approach will significantly reduce the overall construction schedule, enabling handover in time for the new term in September.
Volumetric building solutions
Paul Lang, CEO of Caledonian Modular, said: “In spite of the events happening on a world stage, we continue to grow and develop as a business. The Studytel® project is the latest major contract win for Caledonian.
“A large proportion of our recent new business wins are turnkey projects as clients are beginning to understand the benefits it gives them in terms of budget certainty, speed to market and quality consistency.”
Lang added: “Our growth over the last few years is the result of our strong position in the modular market.
“Through our ongoing improvements in design and material selection as well our ability to consistently deliver projects on time and within budget, we have become a trusted partner for volumetric building solutions.”
The first phase of the Studytel® Penryn student accommodation is due to open to students at the start of the academic year 2021/22.