Unite pulls plug on 20-storey student resi scheme after deciding project is unviable

Student homes developer Unite has pulled the plug on a 20-storey, 605-bedroom student accommodation scheme in Paddington after deciding the project was financially unviable.

The decision means the developer will have to write off £10m in costs sunk after three years of planning delays and being twice refused planning by Westminster council.

More News & Views

by Becky Hoyle 29 January 2026
New data from the RIBA, construction sector analyst Glenigan and the British Property Federation show a decline in residential construction
by Becky Hoyle 29 January 2026
ASAP Operator Member Staycity Group has completed on a sale, development and leaseback transaction with Bridges Fund Management and Citygrove 
by Becky Hoyle 24 January 2026
This article in Feast Magazine champions three ASAP Operator Members topping its list of six, as offering exceptional accommodation in the capital
by Becky Hoyle 29 January 2026
New data from the RIBA, construction sector analyst Glenigan and the British Property Federation show a decline in residential construction
by Becky Hoyle 29 January 2026
ASAP Operator Member Staycity Group has completed on a sale, development and leaseback transaction with Bridges Fund Management and Citygrove 

ASAP Industry Development Sponsors 2025

The support of our sponsors is essential for our efforts in advocating for our members and interacting with policymakers.