Elkstone and Harrison Street announced the development of a new 345-bed purpose-built student accommodation (PBSA) at Queen Street in Galway City, Ireland. The project is due for completion in 2026 and forms part of a wider partnership to deliver 1,500 purpose-built student beds across Limerick, Cork, Dublin, and Galway by 2028.
Queen Street PBSA is designed to meet the highest ESG standards and is focusing on residents' health and well-being, the 8-storey building will be home to 345 students. Additional amenities include common study areas, a gym, bicycle storage, a cinema room, rooftop terrace, and 24/7 reception.
“The development of Queen Street represents a notable expansion within the student housing sector to meet the growing demand in Ireland’s third-largest student market,” said Paul Bashir, Harrison Street’s CEO of Europe. “We are proud to continue our partnership with Elkstone and collaborate on bringing this premium student housing asset to an undersupplied region.”
Located a 5-minute walk from Galway’s Ceannt train station and a 15-minute walk from the National University of Ireland Galway (NUIG), the Queen Street development also aims to significantly increase the area's economic contribution.
“At Elkstone, we want to help support Ireland’s infrastructure. For us, it is about connecting real capital to meaningful projects at scale. By opening access for local Irish investors to co-invest alongside global industry leaders like Harrison Street, we can provide modern and liveable spaces that both represent and further bolster communities. Queen Street is just one example of the thousands of sustainable and high quality, purpose-built student accommodation units we are developing right now across the island,” said Ciaran McIntyre, Co-Founder and Head of Real Estate at Elkstone.
Monami Construction has been appointed as the main contractor on the Queen Street project, and Mezzino will operate the property.
Image source - Pexels.
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