A SITE in east Belfast formerly used as a factory for the Oxo Company is being transformed into 18 new apartments in a £2 million investment.
Clonrose Developments, a subsidiary company of Lagan Specialist Contracting (LSC), is behind the development, which will be operated as social housing units by Choice Housing Ireland.
Another LSC firm, H&J Martin, will carry out the construction.
Work to clear the site on Beersbridge Road has been ongoing since May, with construction due to commence. The apartments are expected to be completed by May 2020.
The development, which will be a mix of two-bed and one-bed apartments will also include a garden and parking for vehicles and bicycles.
Clonrose Developments has named the project ‘The Oxo Factory’.
Stephen Davey, development director for Clonrose Developments, said: “We are delighted to build upon our relationship with Choice Housing and follow on from our successful Ormeau Road development with a high-quality apartment scheme in the east of the city.
“Construction has commenced on site and we are scheduled to hand over the completed properties in May next year.”
Michael McDonnell, chief executive of Choice Housing, added: “East Belfast has faced a shortfall of social housing in recent years with a growing demand for quality social living in the area. This new development, which is an investment of £1.9m, will continue to regenerate east Belfast, which has ranked as one of Northern Ireland’s most disadvantaged areas.
“Our partnership with Clonrose Developments illustrates our commitment to investing in the area and its community and we hope this partnership will extend beyond east Belfast in the future,” he said.
“This project is one of many developments Choice has invested in the east Belfast area in recent years, particularly Beersbridge Road.
“Alongside this new partnership with Clonrose Developments, we have invested around £5m in the Beersbridge area over the last number of years.”
