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Grand Hotel site home build approved

Posted Mon 17th December 2012 at 11:28

Plans for a 36 unit development on the Grand Hotel Site have been passed by the Building Development and Control Committee.

The mixed social housing and private development consists of nine two bed flats and four terraced properties built for Alderney Housing Association. After completion 23 luxury houses and flat will be built for the private market. Both parts of the development will share the same access road. They are being built by Grand Hotel Developments, the company that owns the Butes' Grand Hotel site.

Later this month the States due to vote on a grant of £296,000 to the AHA towards funding of the project, estimated at £1,465,246. Previously the States had earmarked well over £600,000 from its 2013 budget to give to the AHA for housing. But the AHA has secured private loans and partial ownership sales receipts to pay for the bulk of the project. "The States don't fund us 100 per cent which means we can go out and get external funding," said AHA manager John Weir.

Grand Hotel Developments director Paul Venton said he was 'over the moon' that the first phase of the project, the social housing element, could now go ahead. He said they hoped to start work in March.

"The project will benefit local residents and new residents moving to the island," he said. Tickled Pink, he said, were one of the local builders contracted for the work. "It also will be a boost to the island's economy, and in particular the construction industry. It has been my aim all along to work with local contractors. I am looking forward to getting started on the site," he added.

He said the private properties would consist of seven four bedroom houses, and 16 two bedroom apartments and penthouses, with lift access to all floors and GHD will begin marketing them in the New Year.


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