LSE picks Bouygues and Equitix for Bankside House PBSA development
The London School of Economics and Political Science (LSE) has selected a consortium comprising Bouygues UK and Equitix as the preferred development partner for the redevelopment of the existing Bankside House student accommodation in Southwark, London.
Located opposite the Tate Modern art gallery, the project aims to increase the number of student beds on site and support LSE’s ambition to offer a bed to every first-year student by 2030.
The redevelopment will include new amenity spaces and also forms part of LSE’s wider plans to provide access to 6,000 student beds across its portfolio.
The LSE alongside Bouygues UK and Equitix will now begin to select a design team to work up proposals for a planning application in early 2025.
Ian Spencer, director of residential and catering services at LSE, said: “I am delighted to be working with Bouygues UK and Equitix on this project. Using their knowledge and experience and working alongside our colleagues in LSE Estates we are looking to create a first-class building which offers bed spaces at affordable rents.
“The new hall will have dining facilities enabling our student community to eat and socialise together. Working with the LSE Students Union, our residential life team will develop a residential life programme ensuring the hall has an excellent sense of community and develops ties with the local community in Bankside.”
LSE was advised by QMPF, Pinsent Masons, Turner and Townsend alinea, and Rolfe Judd during the selection process.