Market Leads & Opportunities
Developer to bring forward 33-unit apartment scheme
Derbyshire developer AG Homes is set to create 33 new build apartments and a mixed-use scheme on Mansfield Road in Derby.A ground-breaking ceremony is due to take place this month after the Hilton-based firm exchanged contracts on a 2,700 sq ft site earmarked for residential development. The apartment scheme received planning consent in October and will be delivered by AG’s portfolio of experienced contractors.The 33 apartments will come complete with a number of car parking and bicycle spaces and benefit from a community lounge. They have been designed by Matthew Montague Architects.Meanwhile, the group’s dedicated construction arm AG Construction has won a contract to convert the former Waterside Inn pub – which sits opposite the site – into a further four apartments with a ground floor commercial area totalling 1,350 sq ft.Allister Gardiner, managing director of AG Homes, said: “The sites present an exciting opportunity for AG to develop a new, modern apartment building along with a further 4 apartments and commercial space. With Derby being our home and one of the fastest growing economies in the UK, we wanted to explore the opportunity of providing the city with quality accommodation and workspaces that are efficiently designed.”Craig Swinfield, head of sales, added: “There is a great demand for new, modern apartments suitable for the influx of professionals into Derby, we therefore wanted to be at the forefront of providing this.”
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