Spearheading one of Renfrew's, and indeed Scotland's most
significant waterfront transformations to date, the master plan for
the £245 million investment by five of the UK's leading property
developers was unveiled for the first time today - 11th October
2006.
Spanning a vast 105 acre site of derelict waterfront land, which
stretches from Braehead Shopping Centre to Renfrew Town Centre, the
massive investment which is one of the biggest residential build
projects and highest residential investments in the Clyde
waterfront regeneration to date, will create a whole new
residential community for Renfrew - 'Ferry Village,
Braehead'. (Please see key details on housebuilder plans at
end of the release).
The five housebuilders, who are major players in the UK market -
Bett Homes, George Wimpey, Miller Homes (Scotland West), Sovereign
House Fairbriar Homes and Strathclyde Homes, will initially create
upward of 2000 new homes with a five year plan in place, boosting
the local economy and helping enhance the wider appeal of the Clyde
waterfront on a global basis.
Forming part of the mass transformation of the River Clyde
Waterfront which stretches 13km from Glasgow city centre to Erskine
and which has been subject to intensive activity over the last
decade, the multi million pound development will bring a mix of
apartments, villas, townhouses and penthouses to the area,
appealing to a broad spectrum of buyers and undoubtedly attracting
interest from investors.
'Ferry Village' forms part of the Phase II of the Renfrew
Riverside transformation - Phase 1 being the hugely successful
£300m development of Braehead Shopping Centre, Retail Park,
Ikea, Titanium Business Park and New Audi Experience, which was
developed by Capital Shopping Centres (CSC) in the late 1990's and
attracts around 20 million visitors per year. Porcelanosa and
Xscape are the most recent developments to date.
Ferry Village will provide the residential element, which will
complete the unrivalled mix of retail, leisure and commercial
business aspects of the Renfrewshire Riverside regeneration.
Speaking on behalf of the group of five developers, Sales and
Marketing Director for Bett Homes (Central Scotland) Lorraine
Clelland said: "Ferry Village is one of central Scotland's most
significant residential developments and Bett, alongside Miller,
George Wimpey, Sovereign House Fairbriar and Strathclyde are proud
to be part of the project.
"Phase I of Renfrew Riverside brought a wealth of leisure,
retail and commercial opportunities to the area and now we are
continuing the story by building a diverse mix of properties which
will ultimately provide househunters with real choice and
range.
"We believe strongly in the regeneration of the Clyde and are
showing this with our investment and commitment to Ferry Village.
The project will create thousands of jobs over the next five years
boosting the local economy and strengthening the community of
Renfrew and Braehead even further".
Cllr Jim Harkins, Leader of Renfrewshire Council said: "The
Council is delighted to see the launch of Phase 2 of the
Renfrewshire Riverside project, with strong commitment from five of
the country's foremost housebuilders. The range and quality of
housing proposed is of the highest level and will greatly extend
the choice of homes in our area. This extensive residential
development will contribute in a major way to the complete
regeneration of this important area of riverside".
Additionally, £15million of advance infrastructure has been
invested by the Renfrew Riverside partnership into the Phase II
area, creating roads, parks and walkways. Underpinning the entire
project this private/public partnership comprises, CSC,
Renfrewshire Council, Scottish Enterprise Renfrewshire, Clydeport
and Park Lane, and was formed to see the 10 year project through to
final delivery.
With George Wimpey already on site and selling, and the four new
developers and five year masterplan now unveiled, construction and
sales from the newly announced housebuilders are due to commence
from October 2006 onwards. The properties, which are just a stone's
throw from Braehead Shopping Centre, have prime position flanking
vast expanses of land on both sides of the Kings Inch Boulevard and
working to connect Renfrew Town Centre and Braehead. Excellent
commuter links to the M8, Glasgow International Airport and Glasgow
city centre enhance the location even further.
Interest for the development is being registered now. To
register details please visit www.ferryvillage.com or
telephone 0870 725 2627.
Please visit www.renfrewriverside.co.uk
for more information.
HOUSEBUILDER KEY DETAIL
BETT HOMES
Part of the UK wide Gladedale Group and one of Scotland's
leading and most well established housebuilders, Bett Homes is
investing circa £50 million in Ferry Village, building 401
properties. This includes a mix of 156 two and three bedroom
apartments, 158 two, three and four bedroom townhouses and 87 four
and five bedroom detached homes.
Work is due to commence late 2006 with sales anticipated from
late 2006/early 2007 onwards.
Lorraine Clelland - Sales & Marketing Director for Bett
Homes (Central Scotland) Ltd said:
"Ferry Village at Braehead is a fantastic opportunity to create
a new community which has excellent motorway links and easy access
to the city, not to mention the wide scope of all types of
leisure and recreation facilities on the doorstep of the
development which really are first class.
"Appealing to all target markets we are building a mix of
properties which range from apartments and townhouses to family
sized detached homes - there is something everyone, which is a
perfect reflection of Renfrew Riverside as a whole and what it has
to offer. With a modern, contemporary ethos running throughout the
mix of our homes we are creating a truly desirable lifestyle at
Ferry Village which will be second to none".
MILLER HOMES
Miller Homes is a division of the multi-faceted Miller Group and
is the UK's largest, privately owned property development company,
building homes throughout the whole of the UK.
Miller Homes is investing £35 million in Ferry Village building
a mix of 260 apartments in total, including a range of one, two and
three-bedroom apartments, two and three-bedroom duplexes and two
and three-bedroom penthouses in 6 apartment blocks.
Work is due to commence late 2006 with sales anticipated from
late 2006/early 2007 onwards.
Margaret Cumming, Managing Director for Miller Homes (Scotland
West) said:
"Miller Homes is both excited and committed to our involvement
in this extensive re-development of Renfrew Riverside, which is one
of the most important regeneration initiatives in recent years, not
just in Renfrew, but in the West of Scotland.
"Ferry Village at Braehead will breathe new life into the area,
complimenting the excellent leisure facilities on offer and
creating a vibrant and thriving location in which to make your
home. With this in mind, our development has been designed to
reflect the rebirth of the area and deliver the design flair that
should define living within this dynamic location".
GEORGE WIMPEY
George Wimpey Plc is dedicated house building company with 125
years experience and an unparalleled record in the house building
industry.
George Wimpey is investing circa £40 million in Ferry Village
and has been building on site since late 2004. A mix of two
and three bedroom apartments and three-bedroom townhouses are
currently available for sale, with prices ranging from £139,000 to
£350,000. Three show apartments are open for viewing (along with
the sales centre) seven days from 10am to 5pm. There will be
385 properties in total. Please telephone the sales centre on 0141
886 5598 for more information.
Michelle Logie, Sales and Marketing Director for George Wimpey
said:
"Ferry Village is a wonderful location with great
infrastructure, unrivalled leisure facilities and is a superb
opportunity for George Wimpey to be part of the creation of a very
unique residential area in Renfrew.
"We are proud to be part of the transformation of the River
Clyde and as the first housebuilder on site, building from late
2004, have a great feel for the area. We will continue to offer a
diverse range of properties which provide househunters with truly
excellent homes in a location which is full of vibrancy and life -
we currently have three showhomes open, which perfectly showcase
the quality of property at Ferry Village".
SOVEREIGN HOUSE FAIRBRIAR HOMES
With a growing hold on the Scottish house building market and
established in 2004 Sovereign House Developments who are building
throughout the central belt of Scotland have entered into a joint
venture with Fairbriar plc to develop out Ferry Village. Fairbriar
have been established for 30 years and are building throughout the
UK.
Sovereign House Fairbrair will be building one, two and three
bedroom apartments, three bedroom penthouses and four-bedroom
townhouses and are investing in excess of £35 million in the
project.
There will be 190 properties in total and work is due to
commence in late 2006/early 2007.
Colin McLachlan, Director of Sovereign House Fairbriar said:
"Ferry Village is an excellent location for Sovereign House
Fairbriar to be part of, due to various factors including the
fantastic new riverside setting on the River Clyde, the close
proximity of a whole host of leisure facilities and a great
location close to the motorway.
"The whole area and regeneration of Renfrew Riverside is very
dynamic and is the ideal opportunity for Sovereign, which is
working in joint venture partnership with Fairbriar, to be part of
one of the most exciting waterfront developments to date. Our
properties provide a real choice for househunters and offer a
fantastic opportunity to live in a new riverside setting on the
Clyde."
STRATHCLYDE HOMES
Strathclyde Homes has been established since 1988, rapidly
growing into a major player in the housebuilding market in
Scotland. Strathclyde Homes also incorporates commercial and
residential lettings.
At Ferry Village, Strathclyde Homes will be building one, two
and three bedroom apartments, two, three and four bedroom
townhouses and three and four bedroom detached villas. Strathclyde
will be building 455 properties at Ferry Village and are investing
circa £85 million in the project.
Work is due to commence late 2006 with sales anticipated from
late 2006/early 2007 onwards.
Neil Gaffney, Senior Sales & Marketing Manager for
Strathclyde Homes said: "
"Ferry Village is a major development for Strathclyde Homes and
a very exciting residential offering due to the diversity of
property we will be building and a location which provides every
leisure and retail offering imaginable.
"Ferry Village as part of the transformation of Renfrew
Riverside is one the most innovative developments to date covering
an immense area of land and bringing yet another part of the Clyde
back to life".
RENFREW RIVERSIDE PARTNERSHIP: COMMENT
Brian Clarke, Joint Managing Director of Park Lane and part of
the Renfrew Riverside partnership said: "Renfrew Riverside is now
delivering genuine mixed use regeneration. I am delighted
with the launch of Ferry Village with five quality house builders,
which is a significant milestone in this project."
Rosemary Coles, Group Development Manager for Capital Shopping
Centres (CSC) said: "The launch of Ferry Village is an important
further step in the creation of a new mixed use community at
Braehead. CSC have already made a significant investment in new
infrastructure to service the area which has paved the way for
further investment by the Ferry Village housebuilders which follows
on from the opening of Xscape and the brand new Clyde View
Park".