Colliers International has been appointed by Cole Waterhouse and Topland Group to seek forward funding for First Way Campus, Wembley; a 1.6-acre student development for the University College of Football Business (U.C.F.B.) and is seeking offers in excess of £100 million.
Located in the Wembley Park regeneration area, the mixed-use site will provide academic accommodation including a teaching resource centre, a 300-person auditorium, seminar rooms, staff office space as well as student amenity areas including a café restaurant, student lounge, a gym, library/IT suite and student accommodation with 680 beds. Further to this office space will be provided potentially for use by graduates or small and starter businesses. The development will be further enhanced by new public realm landscaping, providing courtyard gardens for people working and living in the area. The campus is due for completion in mid-2019 and is already 60 per cent pre-leased to U.C.F.B, who are based in the nearby Wembley Stadium.
“First Way Campus is located in the heart of one of London’s primary growth areas, Wembley Park, which is fast becoming one of the most vibrant and desirable places to live and work in London thanks to the £2.5 billion redevelopment of the area around Wembley Stadium.
“We are seeing strong demand for investment opportunities in this area and First Way Campus presents investors with a particularly exciting opportunity to get involved in an high quality development at early stage,” said Toby Nicholson, Director at Colliers International.
Damian Flood, Cole Waterhouse CEO said: “First Way Campus is one of our most exciting projects we are working on with Topland Group and is an illustration of our continued belief in the Wembley area which is going from strength to strength.”