New home for Age Concern gets the go ahead

15/06/2020

Andium Homes is delighted to have received approval from the Assistant Minister for Treasury and Resources to construct a new facility for Age Concern, along with 21 new apartments, on the Convent Court Low-Rise site in Val Plaisant. The project will provide much needed stimulus to the local economy as the Island comes out of the Covid-19 pandemic.

The site, which is directly opposite the charity’s current building, will deliver a new purpose built facility for Age Concern on the ground floor, along with 18 x one-bedroom apartments and 3 x two-bedroom apartments above, which will be available for rental through the Affordable Housing Gateway.

Andium Homes will fund the project from a private loan facility that the company secured earlier this year. Age Concern will cover a monthly rental once the facility is delivered, under a 25-year lease arrangement.

Following a full tender process, Rok Construct Ltd have been awarded the main contract, which is due to be signed imminently, with works commencing next month.

Deputy Lindsay Ash, Assistant Minister for Treasury and Resources, said “I am delighted to have approved this project, particularly at a time when the construction industry needs support. Andium Homes is already on sites across the island delivering over 700 homes and this additional project will not only assist with stimulating the economy, it will also provide much needed homes and a purpose-built facility for Age Concern”.

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