Online Bridging Loans News: Cheers to Ballymore Group for gaining planning for the extension of Embassy Gardens with a Phase 2 at the site Nine Elms Lane, 1-12 Ponton Road & 51 Nine Elms Lane, South Lambeth, London, SW8 5BA. This will be a privately funded brownfield site project, which will involve the demolition of the existing infrastructure before the construction of a new one. To build out the site it will cost £65,400,000, due to this Ballymore will be using development finance freeing up cash to spend on further developments.
Online Bridging Loans
The client will begin the project in January 2016, and the entire development will be finished in a period of 24 months (2 years) precisely. Upon its completion, the project will cover a floor area of 3306 square meters.
3 new structures will be developed for the project, and they will rise as high as 22 storeys. The structures will consist of 872 residential units for the residents. 33 studio, 139 one bedroom, 572 two-bedroom, 103 three-bedroom, 21 four-bedroom and 4 penthouse apartments will be featured in this project. A total of 771 parking spaces will be made available to the residents. The development will also include a linking swimming pool between the three structures, which will be available to all the residents. Props to the client for earning 3 stars rating from Sustainable Homes and an Excellent from BREEAM Rating.
The primary architecture firm for the project will be Arup Head Office. CBRE Limited Head Office will join the project as the lead planning consultants. The primary landscape architect for the development will be Camlin Lonsdale.
Buro Happold and Arup Head Office will offer their consultancy services in the fields of Mech & Elec engineering and structural engineering respectively. Arup Head Office will also be the project manager for the entire development. The management contractor will be Ballymore Group.
Among the contractors, Galldris Construction Limited won the highest number of subcontracts for the development, such as civil, floors, foundations, groundworks, and landscaping subcontracts. Prater Limited Head Office also won a significant number of subcontracts, including doors, external walls and windows. The subcontracts for interior fitting out and joinery have been awarded to Ruddy Homes Limited. The primary mechanical subcontractor is Mitsubishi Electric Europe Lifts & Escalators Division. S & T Interiors UK have won the subcontracts for floor finishing, interior fitting out, and joinery. The leading fire protection, heating & ventilation, M & E, plumbing and security subcontractor for the development is Cilantro Engineering UK Limited. Barr & Wray Limited are responsible for the swimming pools subcontracts. HZ ASSOCIATES is always ready for serving real estate developers with the right loan featuring high returns.
