Blackfinch Property has made an £11.1m investment into a residential development in Partick, Glasgow.
This project, undertaken by Nixon Blue, will see the construction of 48 two-bedroom flats designed to meet high sustainability standards.
A key feature of the development is its encouragement of cycling and public transport usage, reflecting a commitment to sustainable urban living.
Aimed at achieving Energy Performance Certificate (EPC) A ratings, the project aligns with Blackfinch’s commitment to environmental sustainability, further supported by an interest rate discount for meeting these standards.
David Diemer, investment director at Blackfinch Property, said: “This project represents our ongoing commitment to support sustainable and strategic urban development across the UK.
“We are pleased to partner with Nixon Blue on a development which not only addresses the need for more housing but does so in a way that respects and enhances the local community and environment.”
Richard McFadzean, director of Nixon Blue, added: “The designs are in keeping with the scale of Beith Street housing and the surrounding tenement buildings.
“As a popular residential area, we want the new apartments to support the regeneration of the Clydeside, as the new Govan/Partick Bridge will greatly link the city and its residents.
“Redeveloping this site will support, connect, and reinforce this area of Partick as a lively residential area.”