Montreaux Homes has exchanged contracts for the purchase of the old Jewson’s builders’ yard on Cape Road, St Albans.
The proposal for the redevelopment of the former industrial site includes the building of 37 new homes ranging from one-bedroom apartments to four-bedroom townhouses.
Five of the flats will also be offered as social housing, meeting the needs of the local community.
James Rowntree, managing director of Montreaux Homes, said: “This is an exciting site, and we feel we can bring added value to the scheme that has been approved. With consent for 37 new homes, this is a good opportunity to turn a derelict builders’ yard into a community with open landscaped spaces in the heart of a residential area.”
Richard Rowsell, land director at Montreaux Homes, commented: “We are delighted to have secured this St Albans site. By securing land opportunities such as this one, we can transform an unused area into a successful development that will benefit the local population. As a growing company, we are proud to play a critical role in providing housing across the Southeast.”
Work on the development is due to start in the autumn, and an 18-month build programme is scheduled.
Montreaux Homes is anticipating welcoming the first new residents to the site towards the end of 2023.
Image source: Montreaux Homes
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