The £31m Solstice Apartments scheme comprises 139 one- and two-bedroom units designed and built specifically for rent.
It also includes communal landscaped gardens, roof terraces, coworking zone and a fitness centre, as well as 168 bicycle storage spaces and 120 car parking spots.
Rents start at £1,050 pcm for a one-bed apartment.
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Fourteen apartments will be provided at a ‘discount market rent’, with rents starting at £840 pcm.
These apartments will be available to households earning less than £30,000 that live and work in central Milton Keynes as part of an agreement with Milton Keynes Council.
Helen Gordon, chief executive at Grainger PLC, commented: “At Grainger, we aim to redefine the rental experience in the UK, and we believe Solstice Apartments will raise the bar for what renters in Milton Keynes can expect.”
Pictured above (l-r): Gary Forrest, chairman at the High Street Group; Dimitris Tsompanidis, assistant development manager at Grainger; and Richard Baker, regional director (West Midlands) at United Living