Broadacres, with investment from the Homes and Communities Agency (HCA) will start work in the next few weeks on the redevelopment of the old Arriva depot in Station Yard, next to the popular Station complex.
The current building will be demolished to allow work to start on the building of 24 high quality apartments on the site.
When the development is completed in the summer of 2014, it will provide 20 two-bedroom and four one-bedroom apartments for affordable rent. These will be allocated to local people in housing need.
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The homes are being built to Code for Sustainable Homes Level 3 standard, which will make them very energy efficient. Residents will have their own parking space and have access to an outdoor communal area.
Fiona Coleman, Development Manager for Broadacres, said: "We are delighted to be starting work on the redevelopment of the former Arriva bus depot, which will create 24 much-needed affordable homes for local people. Due to being empty for a long time the bus depot has fallen into a state of disrepair, so by demolishing the building and replacing them with properties that will be sympathetic to the surrounding area, we will also be making a positive contribution to the overall environment."
The total cost of the development is £2.9m, of which £792,000 is coming from the HCA, the national housing and regeneration agency for England.
(CD/JP)
