London SE1 community website

Quill site changes hands; new owner reverts to student housing

London SE1 website team

The as-yet-unbuilt Quill development near London Bridge Station has been acquired by Greystar who plan to develop the site as student accommodation.

Quill site changes hands; new owner reverts to student housing

The Quill scheme was first proposed back in 2009 and won planning consent in 2011.

Architects SPPARC claimed that the Quill's design is an allusion to Southwark's literary heritage and the borough's links to Shakespeare, Chaucer, Dickens and Keats.

The site – at the corner of St Thomas Street and Weston Street – is currently occupied by Capital House, latterly used by King's College London as an administrative building.

In 2015 developers Bilford achieved permission to build the tower as luxury private housing instead of student accommodation.

This week Greystar – a global property firm with its roots in Houston, Texas – announced that is has bought Capital House for an undisclosed sum and intends to build student accommodation on the site under the Chapter brand.

"We are delighted to have acquired this incredible site in one of the best-connected parts of London," said Greystar's Troy Tomasik.

"We're very excited this will be our first development project in Southwark, in addition to our existing Southwark asset at [Great Suffolk Street].

"Chapter has established a reputation for world-class service and exceptional, high quality accommodation, with families around the world trusting us to provide their children with a safe and secure home as they study in this fabulous city.

"Southwark, with its world-class universities and institutions of higher education, is the ideal location for Greystar.

"We look forward to continuing to solve London's shortage of good quality student accommodation and exploring options for the site over the coming months."

The SE1 website is supported by people like you
This article on a map
Map
Keep up with SE1 news

We have three email newsletters for you to choose from:

We are part of
Independent Community News Network
Email newsletter

For the latest local news and events direct to your inbox every Monday, you need our weekly email newsletter SE1 Direct.

7,000+ locals read it every week. Can you afford to miss out?

Read the latest issue before signing up

Archive
News archive from February 1999 to January 2001
Got a story for us?
Contact us with your tip-offs and story ideas.