Blackfinch Property Partick, Glasgow homes design, Scotland, Architect, Address, Cost, Date
Blackfinch Property Partick, Glasgow
New Residential Building in Glasgow, Strathclyde, design proposal by Nixon Blue architects studio
30 April 2024
Design: Nixon Bluee
Blackfinch Property Backs Sustainable Glasgow Housing Development with £11.1m Investment
Street view of the new apartments:
Blackfinch Property Partick, Glasgow residential development
Glasgow, 30th of April 2024 – Blackfinch Property has announced an £11.1 million investment into a residential development in Partick, one of Glasgow’s most vibrant commuter areas. This project, undertaken by Nixon Blue, will see the construction of 48 two-bedroom flats designed to meet high sustainability standards.
The development will contribute positively to the local housing market, offering modern amenities and green technology, including solar panels and waste-water heat recovery systems. A key feature of the development is its encouragement of cycling and public transport usage, reflecting a commitment to sustainable urban living.
Aimed at achieving EPC A ratings, the project aligns with Blackfinch’s commitment to environmental sustainability, further supported by an interest rate discount for meeting these standards.
David Diemer, Investment Director at Blackfinch Property, said: “This project represents our ongoing commitment to support sustainable and strategic urban development across the UK. We are pleased to partner with Nixon Blue on a development which not only addresses the need for more housing but does so in a way that respects and enhances the local community and environment.”
Blackfinch’s proactive approach in running loan due diligence in parallel with the planning process enabled the immediate commencement of construction following planning approval, demonstrating the firm’s efficiency in project management and support for developers.
This investment marks Blackfinch’s third development loan in Scotland, demonstrating their commitment to the Scottish residential property market. The development aligns with Blackfinch’s broader strategy to invest in well planned, sustainable residential projects that contribute to urban vitalisation and sustainability.
Richard McFadzean, Director of Nixon Blue, emphasised the project’s integration with local aesthetics and its broader urban impact: “The designs are in keeping with the scale of Beith Street housing and the surrounding tenement buildings. As a popular residential area, we want the new apartments to support the regeneration of the Clydeside, as the new Govan/Partick Bridge will greatly link the city and its residents. Redeveloping this site will support, connect, and reinforce this area of Partick as a lively residential area.”
David Diemer, Investment Director, Blackfinch Property:
Blackfinch Group
Blackfinch Group is an award-winning investment specialist and trusted provider. Employing more than 140 full-time members of staff, it has a heritage dating back 30 years. The group provides tax-efficient investment solutions, managed portfolio services, early-stage investing, property financing and energy infrastructure investing. It is entrusted with over £750million in assets under management, as of October 2023.Inspired by the work of Charles Darwin and founded on evolutionary principles, Blackfinch adapts to and evolves with customer requirements, helping others to thrive.
Blackfinch Property
Blackfinch is a fully funded provider of innovative short-term bridging, commercial, buy-to-let and development financing solutions. As an independent company, it offers an efficient and flexible approach to lending, standing in contrast to the more rigid criteria restricting institutions. Region and sector agnostic, the team takes a pragmatic approach to provide cash quickly and with more certainty. This enables borrowers to complete on transactions and developments with more ease, and keep the focus on their property.
Comments on this Blackfinch Property Partick, Glasgow homes article are welcome.
Partick Property
Contemporary Partick Buildings – recent architectural selection below:
3-9a Burgh Hall Street
Date: 2004
Design: Zoo Architects
photo : Rosser1954, CC BY-SA 4.0 https://creativecommons.org/licenses/by-sa/4.0, via Wikimedia Commons
Partick Burgh Halls
Partick Housing Association
Partick Housing Association
Sandy Road Clinic
Sandy Road Clinic Partick Building
Further west:
Glasgow Housing Designs
Contemporary Glasgow Residential Property Designs – recent architectural selection below:
Ingram Street Property Development
image courtesy of Artisan Real Estate
65-97 Ingram Street Glasgow
The Foundry Cathcart housing development
image courtesy of Cala Homes (West)
The Foundry Cathcart housing development
Golfhill School Flats
image courtesy of Spectrum Properties
Golfhill Public School Dennistoun Flats
Custom House Building Renewal
image courtesy of Artisan Real Estate
Glasgow Custom House Development
Comments / photos for the Blackfinch Property Partick Glasgow homes – Partick Architecture design by Nixon Blue Architects page welcome.
