The 207-bed facility at Forthside is being developed by Ogilvie Construction on behalf of Maven Capital Partners.
Features will include123 studios, eight one-bedroom apartments and 76 two= and three-bed en-suite cluster flats. In addition, the new building will have extensive communal facilities including a cinema, gym, games room, laundry, as well as several private and group study rooms.
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Donald MacDonald, Managing Director at Ogilvie Construction, said: "We are proud to have been chosen to deliver bespoke student accommodation building that will offer much needed high quality living for Stirling students. Our team has extensive experience and expertise in this sector and has successfully completed a number of similar projects around the country."
Paul Johnston, Investment Director at Maven, added: "Stirling has one of the most acute shortages of student accommodation in the UK, with no private PBSA market to support the continued growth of the university. Maven is excited to be working on this landmark development which will help ease pressure on local housing stock and assist the University of Stirling to continue to attract the highest calibre students and postgraduates to the city.
"We are also very pleased to be once again working with Stirling-based Ogilvie Construction and their supply chain to the benefit of the local economy."
(LM/MH)
