A new £14m development has been opened in Partick, offering people living in the West End of Glasgow more options for affordable housing.
Centurion Way, a new development by Partick Housing Association,
was opened by Deputy First Minister Nicola Sturgeon on Monday
19th Aug, providing affording housing options in an area of high
demand.
The award winning development, which was constructed for Partick Housing Association
by McTaggart Construction Ltd, was given £7 million of funding
support from the Scottish Government through Glasgow City Council.
The development provides several options for affordable housing as
its 87 homes cover three tenures - 43 for social rent, 22 for
shared equity sale, and 22 for mid market rent.
Centurion Way is the first mid market rent development in
Glasgow to be funded under Glasgow City Council's development
programme. This new housing product is designed to provide
affordable rented housing for households who cannot afford to buy
or rent privately and who are unlikely to qualify for social rented
housing. Research by Glasgow City Council found that that around
10% of Glasgow households could be in this position.
Partick Housing Association is in a prime location to deliver
mid market rent as Partick is an area of high housing demand, with
a low number of social rented homes, a thriving but expensive
private rented sector, and an economically active but low income
community. In the West End private rents for a two bedroom
flat are around £700 per month. The association is offering its mid
market rent homes from £473 per month for a one-bedroom flat to
£575 for a three-bedroom flat.
A play park has been constructed for children who live in the
flats and the development also contains a combined heat and power
system (CHP). The CHP generates electricity on site and uses the
heat produced as a by-product of the generation process to reduce
demand on the communal gas boilers. This technology helps to reduce
fuel poverty and CO2 emissions, resulting in energy cost savings
compared to conventional systems.