Andium Homes has bought three town sites, including the former Jersey Brewery, to redevelop into over 150 new homes for a “non-disclosed” sum.
The acquisition includes the Ann Street Brewery site, the Boiler House site as well as various smaller properties in the surrounding area.
The purchase was processed in the Royal Court last week, but, according to a spokesperson for Andium, the site value is not a matter of public record.
The spokesperson told Express that this is due to a side agreement between Andium and the vendor, meaning that the exact sum that changed hands has been deemed “commercially sensitive”.
Sitting opposite one another in Ann Street, the Brewery and Boiler House sites are target areas for the States’ strategic aim of regenerating St Helier. Andium plans to develop 15 new homes on the Boiler House site by the end of next year, having already secured full planning consent.
Pictured: The acquired site for Andium's new housing development in the north of St Helier.
The Brewery site will be redeveloped into over 150 new homes, but will be subject to a full feasibility study. The former ‘Belmont Hotel’ on the corner of Simon Place and Ann Street has also been acquired under a separate purchase agreement. In the interim, whilst the nearby Ann Court development progresses, this site could be used to offset lost shopper parking.
According to Andium, a public consultation exercise will work with local residents, the Parish, the Planning Department and the Department for Infrastructure (DfI) before an application is submitted.
Pictured: Approved models for the Ann Street block (Picture: Andium Homes).
Frank Walker OBE (pictured), Chairman of Andium Homes, said, “We have been pursuing these sites for some time and are delighted to have completed the acquisitions. The three sites provide an excellent opportunity to deliver more homes, given their town location and proximity to our other developments. I am delighted that Andium is able to play such a significant role in meeting the commitments made by the Council of Ministers’, and Constable Crowcroft, to regenerating this part of St Helier”.
Deputy Anne Pryke, Minister for Housing, said, “I very much welcome Andium Homes’ plans to develop these sites for affordable housing. One of the States’ strategic aims is to regenerate St Helier so it is extremely positive to see Andium Homes leading the way by delivering new high quality housing in this part of town, which will revitalise the community.”
Comments
Comments on this story express the views of the commentator only, not Bailiwick Publishing. We are unable to guarantee the accuracy of any of those comments.