Two Bristol family businesses are involved in the work, which will be another step in the regeneration of Old Market as the corner site between Braggs Lane and Gloucester Lane is redeveloped.
Roger Riggs of ADR Holdings, Staple Hill, together with his business partners David Timmins and Adrian Clapp is completing the project as a joint venture with his son Jason of Riggs Properties Ltd. They have appointed another Bristol family business, TR Demolition of Whitehouse Lane, Bedminster to carry out the demolition.
Once the site has been cleared Bath-based Dellow Construction, part of the Ashlar Group has been appointed to build nine luxury one-bedroom apartments and five two-bedroom apartments.
A two-bedroom show apartment will open first to give potential occupiers a glimpse of the high standard of fittings, which will include all kitchen appliances, broadband and satellite television as standard.
Roger Riggs of ADR Holdings said: “There are already completed developments nearby and this area of Old Market behind the famous “Gin” Palace is so convenient for the City centre, the motorway and rail network that we believe it is rapidly becoming a fashionable area and we have put together this scheme as we believe it will be very popular.
“As a joint family venture between ADR Holdings and Riggs properties we have called in TR Demolition to carry out the removal of the existing old building and we have been impressed with their attention to detail and professionalism.
“Each of these new apartments will come with a 10-year warranty and we believe that with local businesses working together we can achieve something quite exciting to offer to the market in just 40 weeks.”
ADR Holdings and Riggs Properties have experience of creating luxury accommodation – a previous project for the business included a £1 million renovation of a house for Formula 1 boss Frank Williams.
Sharon Haskell of TR Demolition said: “The old building is a fairly straight-forward demolition job for us, although all city centre sites have to be handled sensitively because of the proximity of neighbours and dealing with traffic issues.
“We are really pleased to be working together with other local firms from Bristol and Bath to make this project happen and continue the improvements to Old Market.”
The project is being part funded by HSBC corporate banking and Roger and Jason said the project had been greatly helped by HSBC Wales and West area director Steve Blake.
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T.R.Demolition (UK – International) Ltd is a private Company formed by the present Directors and having traded since 1974. The Company operates from a facility in Bristol and can undertake work anywhere within the Single Market. http://www.trdemolition.co.uk/
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