Student One launches in Brisbane, marking a new standard in student living
20 July 2015
Today in Brisbane, Student One launched its premium student accommodation brand alongside Brisbane Lord Mayor Graham Quirk, paving the way for up to 3000 new beds to be developed over the next four years in the city’s CBD.
Launching its operations in Brisbane, Student One is the newest entrant in the Australian student accommodation market. The first of Student One’s new developments, the $110 million 687-bed redevelopment of its 18-storey 363 Adelaide St premises – the former Boeing Building on the corner of Wharf St – is already underway.
Tim Weston, Student One Chief Executive Officer, expects the premium student living provider will welcome its first residents by July 2016.
“Student One will provide Australian and international students with an entirely new standard in student living, with a focus on encouraging a thriving community of residents, each with aspirations to succeed in their chosen field of study in Brisbane,” Mr Weston said.
“We have engaged a team of local architects, builders and executive management with proven experience domestically and internationally, to design and deliver a world-class student living environment on Adelaide St.”
“This purpose-built accommodation offers safety, security, ease of transport to and from their educational institution, and access to high-quality amenities, technology, restaurants and entertainment, which are important to their academic success.”
“The decision to study away from home is never an easy one for students, or their parents, so we’ve created a living solution that allows students and parents to decide with confidence,” he said.
In 2013, the Australian Bureau of Statistics (ABS) reported that international education was Australia’s third-largest export, behind iron ore and coal, contributing $15.7 billion to the Australian economy in the 2013/14 financial year .
Lord Mayor Graham Quirk said his dedicated Student Accommodation initiative had brought about an opportunity to attract high-quality providers like Student One.
“Currently there are 75,000 international students in Brisbane, generating $3.77 billion each year, making international education the city’s biggest export market and creating more than 20,000 full time jobs,” Cr Quirk said.
“By attracting high quality developers like Student One, we have the opportunity to generate purpose-built, high-quality student accommodation and have greater capacity to attract international students to choose our city as their ideal study destination.
“This initiative is about taking the pressure off student accommodation chewing up housing stock out in the suburbs.”
Mr Weston also announced that Student One had recently submitted a development application to Brisbane City Council on a new student accommodation project at 38 Wharf St, directly adjacent to its Adelaide St development site.
The 41-storey, $120 million 38 Wharf St development will add another 750+ beds to Student One’s portfolio, with construction expected to be complete by December 2017 in readiness for the 2018 student year (subject to DA).
Both the Adelaide and Wharf St Student One projects have been designed by award-winning Brisbane-based architect firm Arkhefield, with the Adelaide St development being constructed by Hutchinson Builders, another Brisbane local firm.
Student One Adelaide St features a mix of 55 five-bedroom share apartments, 196 studios and 108 twin-studios. All rooms will include air-conditioning and a majority with high ceilings and floor-to-ceiling windows with blackout blinds.
The building will also feature extensive communal and private study areas, breakout spaces and meeting rooms, a multi-purpose function room, games and media room complete with large screen and A/V system for movies and gaming, gymnasium, outdoor barbecue area, as well as a double-share kitchen for group gatherings.
Student One Adelaide St will provide high-speed wired and wireless internet, inclusive within each student's lease agreement, to ensure they can be effortlessly connected to their studies, friends and family while enjoying facilities and retail outlets in and around the building.
Mr Weston said Student One’s design philosophy was to encourage a sense of community, fun and friendship, within a safe, connected and convenient environment.
Student One also acknowledges the importance of working closely with the surrounding universities and educational institutions to ensure initiatives for student engagement and connectedness are encompassed within the day-to-day operations of it accommodation sites.
“Brisbane is fast becoming one of the world’s truly great, connected cities, which is one of the reasons we were so attracted to launching our operations here … it fits perfectly with the Student One brand and our vision for a premium student housing offering,” Mr Weston said.
Visit Student One and register your interest to find out more about its premium student accommodation.
2 Australian Government Department of Education and Training (November 2014) – Export Income to Australia from international education activity in 2013/14