International Campus targets NL student housing shortage
Student housing specialist International Campus has begun construction of a student apartment building in Dutch city Leiden and said it has three more projects lined up in the Netherlands.
THE Fizz Leiden will comprise two linked blocks with a combined gross floor area of 14,900 sq m, providing 394 single-occupancy apartments.
The development includes large community spaces and a communal garden. Architect Kokon Architectuur & Stedenbouw has placed emphasis on sustainability and the design features a heat pump, rainwater harvesting system and a green roof. Niersman Project Development is the project developer and general contractor.
“We are aware that the Netherlands has a massive shortfall in compact accommodation for students and working professionals. In response, we are planning to move forward with another three acquisitions in this growing market,” International Campus chief investment officer Michael Stapf said. “Over the past two decades, student enrolment in the Netherlands has doubled, whereas the supply in adequate housing has not.”
Universiteit Leiden, which was founded in 1575 and is the oldest university in the Netherlands, has more than 32,000 students currently enrolled, but the city also has several universities of applied science as well as private institutions.