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CALA HOMES RECEIVES APPROVAL FOR BRIDGE OF DON SITE

Monday, 27 March 2017

CALA Homes has been granted planning approval from Aberdeen City Council for a planning application to build an exclusive residential development at Balgownie Road, Bridge of Don, Aberdeen.

The plans for Balgownie Road include the creation of 32 luxury detached, semi-detached, terraced homes and townhouses. In addition to this, a number of affordable homes are also included within the plans.

This follows the success of CALA’s adjacent development, Balgownie Gate, which comprised 26 three, four and five bedroom homes from CALA Homes’ Signature Collection.

As part of the proposal, CALA Homes will demolish the former One Bowl Centre which is situated on the site. The derelict building – which is seen as a danger and a blight in the local landscape – will be removed as part of plans with the development being brought forward in-line with CALA’s exacting standards which have been welcomed at the previous site.

The Bridge of Don development will include a variety of sizes and style of homes, appealing to a mix of buyers, including first time buyers, those with growing families to homebuyers looking to downsize.

Mike Naysmith, Managing Director of CALA Homes (North), said: “We know that there is a keen appetite in the Bridge of Don area as we now only have two homes remaining at our Links at Dubford development.

“We have had a lot of interest in The Grange at Balgownie Gate development and this development will allow us to continue to offer a fantastic range of property size and style, all featuring CALA’s exacting specifications and generous living space.

“Our plans have been carefully designed to include the demolition of the current derelict building located on the site. The former One Bowl Centre has long been considered an eyesore by the local community and this will allow us to ensure that the surrounding area is developed in keeping with CALA’s high standards apparent at the adjacent Balgownie Gate.”   

Work is expected to begin on site in spring 2017.

 

-Ends- 

 

Notes to Editor – CALA Homes

CALA Homes, part of the CALA Group, is the UK’s most upmarket major home builder operating in the South of England, the Midlands and Scotland. The company is a Top 10 UK home builder focused on building well-designed, high quality homes in prime locations.

 

Key Facts:

  • In its full year results for the year ending 30th June 2015, CALA announced record profits of £50.9m (2014: £26.8m) and an improved house sales gross margin of 23.4% (2014: 22.8%).
  • CALA’s average selling price (ASP), as at 30th June 2015, was £509,000 (2014: £423,000) – the highest ASP outside London of any major UK housebuilder, thanks to the Group’s market positioning and geographic presence in more affluent areas of the UK.
  • As at 30th June 2015, CALA’s owned and contracted landbank stood at 14,236 plots (2014: 12,690) with a potential gross development value approaching £5.2bn, up 11% versus 2014 (£4.7bn).
  • In 2015, CALA Homes was named ‘Large Business of the Year’ at the Scottish Business Awards and was also awarded bronze for the UK’s ‘Best Large Housebuilder’ at the What House? Awards. In 2016, CALA won ‘Large Housebuilder of The Year’ at the Scottish Home Awards for the second consecutive year.
  • CALA Homes has received the maximum 5 Star rating in the Home Builders Federation’s National New Homes Customer Satisfaction Survey for seven consecutive years.
  • In March 2013, the CALA Group was acquired by Patron Capital Partners, the private equity group, and Legal & General Group, the insurance, savings and investment management company.
  • At the end of March 2014, CALA acquired Banner Homes, a leading developer and retailer of luxury new homes in the affluent markets of the Midlands and the South East of England. The acquisition expanded the company’s geographical footprint and volume scale to make it a Top 10 UK home builder.
  • CALA started as the City of Aberdeen Land Association in 1875 and was the first Scottish company listed on the London Stock Market. As CALA is an acronym it is always reproduced in upper case.

 

For further information visit www.cala.co.uk

 

 

 

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