The development on Walker Street at the heart of thecity’s student quarter, adjacent to the University of Central Lancashirecentral campus, will comprise 174 units.
It is being delivered for Cosmopolitan Student Homes, the specialist student accommodation arm of Cosmopolitan Housing.
The development will provide first class facilities for Preston students. Double bedrooms with ensuite bathrooms will come as standard with spacious shared lounge and kitchen areas featuring modern built-in kitchen appliances.
Marcus Worthington & Co took over the contract from incumbent contractor Ice Blue Developments.
The scheme will be delivered by the third quarter of 2012 with students able to move into their accommodation in time for the new academic year.
Marcus Worthington & Co director Russell Worthington said: “This scheme is another important contribution to Preston’s continued regeneration and adds to the city’s growing reputation as avibrant university city.”
Marcus Worthington & Co is the construction arm ofthe Marcus Worthington Group. The company has a reputation for delivering major student residential developments, having worked in the sector for over 30 years.
Other schemes currently underway include the 614 bed student village Ducie Court and 416 bedroom scheme Moss Lane East, both of which are in Manchester.