SECTOR FOCUS: PROPERTY College invests in a new home
Palace Studios, Plymouth College of Art’s new dedicated building for Foundation Diploma in Art & Design students, is due to open August 2017 on Buckwell Street in the heart of Plymouth’s city centre, adjacent to the planned British Land-owned Bretonside multiplex and cinema redevelopment and on the same street as the college’s new Palace Court campus, which was shortlisted for Building of the Year Award last year by The Building Forum for Devon and Cornwall. Students learning in Palace
Studios, which are currently being refurbished to creative art and design-standards, will work across different disciplines to identify their chosen specialism within the arts, preparing them for creative degree-level study at selective, competitive universities for the creative arts, and to enter the UK’s booming creative industries. The creative industries contribute over £80 billion per year to the UK economy and provide employment for over 1.8 million people. Stratton Creber Commercial
negotiated and secured the sale of the property to Plymouth College of
Art, as well as advising on planning and title for the building. QSPM Consultants LLP are appointed as Cost Managers alongside HLM Architects, SDS Ltd (Services Engineer) and Paul Carpenter Associates (Structural Engineer). Stephen Matcham, from Stratton
Creber Commercial, said: "We are especially pleased to have successfully secured the purchase of this property on behalf of Plymouth College of Art. Having been previously involved in the college’s acquisition of Palace Court on the same street, we appreciated how this building offered a unique synergy when considered together with Palace Court and the nearby main college campus. The area around Buckwell Street is the centre for a number of exciting developments in the city.” Michael Easton, Associate
Director at JLL Hospitality and Retail Group, representing the previous owners of the site, said: “Despite considerable interest from other parties, we are delighted that Plymouth College of Art secured the venue and can continue expansion plans on the same street as its new Palace Court campus.”
Artist’s impression of Palace Studios
£25m investment in the regeneration of Plymouth Palace Studios will add to regeneration of the area between Drake Circus and the Barbican, which Plymouth College of Art contributed to last year with the opening of Palace Court, the college’s dedicated Pre- Degree campus for over 600 16- to 19-year-olds studying creative Extended Diplomas, also on Buckwell Street. Since 2010 Plymouth College of Art and Plymouth School of Creative Arts have invested more than £25m in the city of Plymouth, and created circa 200 new jobs. Palace Studios will include two large specialist studios, comprising
spaces over 160sq m, designed to meet the needs of modern art, design and media students, high windows for natural light, plus an enclosed courtyard social area, all housed only 250 metres away from the sea and five minutes walk from the college’s main Tavistock Place campus.
24 Chamber Profile May/June 2017
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