This article is from the Australian Property Journal archive
STUDENT living provider Scape has launched its 33rd building in Australia, with the $66 million Scape Lincoln College opening last Friday in Melbourne’s Carlton.
The 12-storey 460-bed building is located at 558 Swanston Street and includes amenities such as a rooftop area, cinema, 24/7 gym, music room and recording equipment, in addition to chef cooked meals included in rent prices at Scape Eats.
“The pandemic was devastating for the international educational industry, and we know how difficult it has been in Melbourne. We are committed to helping re-establish Melbourne as a leading global education destination and will continue to invest in more developments in Melbourne,” said Anouk Darling, CEO of Scape and president of the Student Accommodation Council of Australia, launched this year in May.
Construction began on the project, ahead of the onset of the pandemic, in September 2019 and was completed on time in July 2021, before opening in time for the second semester period of 2022.
“Over the last few weeks, we have had thousands of international students booking accommodation in our Scape buildings. They are excited to resume study on campus and enjoy the lifestyle and experience that is unique to Melbourne and Australia,” added Darling.
The construction of Scape Lincoln College saw more than 830 jobs generated, with another 40 created in management, reception, cleaning and catering.
“Ambitious projects, such as Scape Lincoln College, that combine accommodation and lifestyle support, go a long way to making us an attractive option for those looking to complete their studies here in Australia,” said Sally Capp, Lord Mayor of Melbourne.
In delivering the project, Scape prioritised its ESG commitments, with 91% of all waste produced in the construction phased recycled and the building itself boasting a 5 Star Green Star As Built rating.
The significant contribution of international students on the Australian economy was highlighted by the disruption of the pandemic, with 2019 seeing $41 billion injected into the economy by the sector, according to Scape.
“Australia’s student accommodation industry is vital to Australia’s post-pandemic recovery. We are a world-leading education destination, that not only provides outstanding education outcomes, but the best living experiences for all students,” said Torie Browne, executive director of the Student Accommodation Council of Australia.
“Over the last five years, our industry has delivered 31,000 purpose-built beds with an estimated value of $9.3 billion and created more than 3,500 direct and indirect construction jobs annually, on top of the 5,000 people who work in the operation of the industry,”
