Representatives from Bield, Scotland's leading provider of housing and care services for older people, and Glasgow-based affordable housing developer Lovell, which is building the scheme, came together to mark the occasion.
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The £2 million development at the former St Andrew’s College site, off Stockiemuir Road, will create 20 high-quality apartments for older residents. Due for completion in early 2015, the four-storey apartment block has been designed by architects at Glasgow-based Network Five.
The flats will be available from Bield on a shared ownership basis with residents able to purchase a 75 per cent share while the remaining equity is held by Bield. Homeowners will be able to increase their share to 100 per cent following a one-year qualifying period.
The new homes will be part of the new St Andrew’s Brae development in a sought-after location six miles north of Glasgow city centre. St Andrew’s Brae includes a recently-completed BUPA care home and housing for sale which is currently being built by Miller Homes.
(CD/MH)
