With an investment of over £95 million, The Blackstone Group is unveiling the group’s first major student housing development called ‘Nido London’ located in King’s Cross.Operating under the brand name ‘Nido’ meaning nest in Spanish and Italian, Blackstone is focusing on an international roll out of this scheme. The building is also having an additional podium block built around the base of the towers. Completion date is due for September 2007 and will cover 16 floors, will have a total net area 217,000sq ft and be 59.7m tall. This will comprise 846 student en-suite rooms, known as Nido cubes within the two towers housing 950 students, 50 private apartments, 14 affordable apartments, retail units and commercial space. Three retail units will front on to Pentonville Road totalling 14,143 sq ft. There is also 19,956 sq ft of commercial space with separate access off Pentonville Road.There is a basement with 41 car parking spaces and 250 bicycle storage spaces.