Former city bus depot in six figure windfall

by Gary West

SOCIAL BOOKMARKS

Irwell Valley Housing Association is the new management company for what was the old bus depot on Caton Road in Lancaster, and is now named Bridge Square apartments.

Since acquiring the depot in 2016, Irwell Valley, based in Manchester, has invested more than £400k on internally improving the residential development.

Improvements include repairs and renovation of the internal courtyard, walkways, and communal areas.

The building overlooks the River Lune, and provides affordable accommodation consisting of one and two bedroom apartments.

The managing director of Irwell Valley, Michael Redford, said: "Lancaster has a thriving economy that’s accelerating, and the demand for affordable housing in the market rent sector is high.

"Since we bought the development, the priority was to repair communal areas."

Mr Redford added: "The apartments compliment the council’s regeneration plans for the area, and we are delighted to be a part of helping them to achieve that vision."

The company has won several awards for residential developments, and delivers housing and management services to more than 7,500 households.

Wednesday, August 9, 2017 at 5:18PM
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