The Viridis consortium, comprising GRAHAM (investor and construction), Equitix (infrastructure investor, developer, and manager), and Derwent FM (facilities management), has been named the preferred bidder for the redevelopment of the University of Manchester’s Fallowfield Campus. This project, which will follow a Design, Build, Finance, and Operate (DBFO) model, marks a pivotal step in upgrading the university’s student accommodation.

Following a competitive tendering process, the University and Viridis will collaborate to refine their DBFO plans, aiming to finalise financial arrangements by summer 2025.

The redevelopment initiative focuses on creating state-of-the-art, purpose-built student accommodations at Fallowfield. This phased project will enhance the campus by adding modern bedrooms and social spaces, fostering a supportive residential environment.

Manchester City Council Planning and Highways Committee approved the University’s proposal in January 2024. The redevelopment plan includes overhauling Owens Park, Oak House, and Woolton Hall to meet the growing demand for student housing in secure, inclusive, and sociable settings.

Situated close to the University’s main buildings, the Fallowfield site is well-connected and offers a range of support services designed to provide a world-class student experience.

Once completed, the Fallowfield campus will offer up to 5,400 student beds, replacing older accommodations with 3,300 updated bedrooms. This project addresses the increasing demand for high-quality student housing on this popular campus.

The redevelopment will occur in multiple phases, with the demolition of Owens Park Tower and adjacent buildings—closed for several years—expected to finish early in 2025.

GRAHAM CEO, Andrew Bill, said: “GRAHAM is delighted to be working in partnership with the University of Manchester to deliver its vision for the Fallowfield Residences Redevelopment Programme. Together, we will focus on creating an exemplar sustainable campus that will enhance the experience of the University’s next generation of students.”

Achal Bhuwania, Equitix CIO said: “Delighted that an Equitix consortium has been selected to support the University of Manchester in its next stage of growth and development, to provide a world-class student living experience. This is further testament to the proven capabilities and commitment to UK greenfield infrastructure as well as supporting British supply chain partners. This win was achieved through our relentless focus on building trust and long-lasting relationships as well as providing best in class solutions with core focus on sustainability and value for money.”