A Glasgow-based housing developer has broken ground on a new sustainable 25-flat development in the Scottish capital.
Carmichael Homes has delivered 11 developments across Greater Glasgow over the past nine years, including sites in Finnieston and Bishopbriggs. Building on its success, the firm has recently started construction on the development made up of a range of one to four-bed flats on Lanark Road in Edinburgh.
The site was previously occupied by the Tickled Trout.
The development will feature a green roof to help the building retain water and aid local biodiversity, enhanced high performing glazing for added insulation, modern fans and an energy efficient boiler system, linked to solar panels, and was possible with support from Bank of Scotland.
To support the development, Carmichael Homes secured a seven-figure funding package via bank’s Clean Growth Finance Initiative (CGFI) which provides discounted lending to help firms invest in sustainable projects.
The construction of the new flats is expected to take 16 months, with completion expected by December 2022. The business currently has three live developments across Glasgow and Edinburgh and is expecting a further three projects to go live next year – all of which will be developed with a focus on sustainability.
A Glasgow-based housing developer has broken ground on a new sustainable 25-flat development in the Scottish capital.
Carmichael Homes has delivered 11 developments across Greater Glasgow over the past nine years, including sites in Finnieston and Bishopbriggs. Building on its success, the firm has recently started construction on the development made up of a range of one to four-bed flats on Lanark Road in Edinburgh.
The site was previously occupied by the Tickled Trout.
The development will feature a green roof to help the building retain water and aid local biodiversity, enhanced high performing glazing for added insulation, modern fans and an energy efficient boiler system, linked to solar panels, and was possible with support from Bank of Scotland.
To support the development, Carmichael Homes secured a seven-figure funding package via bank’s Clean Growth Finance Initiative (CGFI) which provides discounted lending to help firms invest in sustainable projects.
The construction of the new flats is expected to take 16 months, with completion expected by December 2022. The business currently has three live developments across Glasgow and Edinburgh and is expecting a further three projects to go live next year – all of which will be developed with a focus on sustainability.