A scheme was devised whereby the university bought most of the land from Union of Loughborough Colleges and agreed on a land swap so the students would own an area of land adjacent to the Ashby Road on which a new student building was subsequently built.
To address the need for additional space, the university collaborated with the Union of Loughborough Colleges to acquire most of their land and simultaneously exchange some of its own land to create a new area that would be owned by students. This arrangement ultimately led to the construction of a new student building on adjacent land.