First residents move into new £40m Wrexham Village student accommodation
30 September 2010
The first phase of a new £40m student accommodation complex in Wrexham has been opened officially.
Lesley Griffiths, Deputy Minister for Science, Innovation and Skills in the Welsh Assembly Government, met the first residents of Wrexham Village following completion of 156 rooms at Wrexham FC’s Racecourse ground.
All rooms at the new complex have been snapped up by students studying at Glyndŵr University for the coming year.
The development is the result of a partnership between the facility’s owners, Wrexham Village Ltd, Wrexham FC and Glyndŵr University.
Professor Michael Scott, Vice-Chancellor of Glyndŵr University, said he was proud to see the first students move in as planned.
He said: “We’re thrilled that the first phase has been completed – it looks fantastic and I’m sure it will be enjoyed by hundreds of students for many years to come.
“The university’s primary concern is to teach students but we needed a new halls of residence and have been pleased to work with local partners Wrexham Village Ltd and Wrexham FC to provide a facility which will be a tremendous asset for Wrexham and north east Wales.”
Lesley Griffiths AM described Wrexham Village as an exciting development for the town, for the university and for students.
“Glyndŵr University has the distinction of being Wales’ youngest University although it has a long and distinguished history and can trace its roots back to 1887, with the foundation of Wrexham School of Science & Arts.
“The opening of the first phase of this multi-million pound student accommodation marks an important milestone for the University and is already proving a popular facility for new students.
“It is a significant investment and will be a real boost for the University which attracts around 6000 students a year and makes an important contribution to the regional economy.”
Ian Roberts, director of Wrexham Village Ltd, said: “We’re delighted to have worked in partnership to secure provision of modern, energy-efficient accommodation that fulfils the needs of Glyndŵr University and its students.
“I hope that Wrexham Village will become an iconic building which everyone connected with the town can feel proud of.”
The Co-operative Bank provided a £2.85 million loan for phase one of Wrexham Village development.
Paul Atkinson, finance director, Wrexham Village Ltd, said: “We listened to The Co-op banks proposals and found they were enthusiastic and keen to get on board.
"The Co-op offered flexibility and personal interest that we weren’t getting from other banks we approached.”
Steven Peck, business manager, The Co-operative Bank Manchester Corporate Banking Centre, said: “Even in this persistently harsh economic climate we are able to continue to lend financial support to businesses, especially ambitious ones such as Wrexham Village Ltd.”
Details of the Wrexham Village scheme were first unveiled in December 2008 as part of wider plans to redevelop the Racecourse ground and boost Wrexham FC’s finances.
Plans for the first phase of the residences were approved by Wrexham Council in April 2009.