Located in the Fulford area to the south east of the city centre, the 80,000 sq ft site will feature a four-storey building comprising of 275 beds and facilities including a gym, games room, co-working and group dining areas.

In recognition of the location’s history the scheme will feature a cinema and be named Rialto House, recognising the famous cinema that once stood on the site.

Construction is due to begin in the coming weeks, following the completion of archaeological works.

The purpose-built student accommodation development is being delivered by Olympian Homes, as part of its wider portfolio of  hotel, build to rent, co-living schemes, in partnership with funder Cain International.