Market Leads & Opportunities
Nixon Blue secures funding package for Paisley apartments development
Paragon Development Finance, introduced by Melrose Commercial Finance Ltd, has agreed to provide a £4.5 million funding package to Nixon Blue to support the development of 34 new apartments overlooking Paisley’s iconic Abbey. The Millhouse development will bring 34 contemporary two and three-bedroom apartments to the town as well as two new restaurants.Many of the apartments will enjoy views of the 12th century Abbey, the Anchor Mill, and the Victorian Town Hall. Set over six storeys, the site occupies a prime location in the historic town and forms part of the regeneration of the riverside area. The Millhouse is due to complete in Autumn 2022 with the apartments now on sale with Savills.
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