Affordable housing to come from empty offices

  • A social landlord is planning to regenerate a vacant office block into affordable one and two-bed flats.Construction Krane

    Raglan Housing is going to convert Orchard House in Southampton's Station Quarter North regeneration area after securing funding for £2.5m from the Homes and Communities Agency to develop 30 properties under its empty homes programme.

    Raglan is also set to convert a three-storey, former working men's club in Chard, Somerset, into five one and two-bed flats. The scheme is due for completion in March 2015, reports 24dash.

    The 12,000 home provide also has plans to acquire an empty office building in Bracknell and turn it into 35 new homes. It is currently exploring options with Bracknell Forest Council to keep the existing building or demolish it and create a sustainable contemporary new development which could provide a mix of flats and houses.

    Richard Stevenson, Raglan's business development director, said: "Converting empty office buildings into much-needed affordable housing brings huge benefits to urban areas. It helps tackle the chronic shortage of affordable housing in towns where property is very expensive. It also stimulates the local economy by bringing more people into the high street boosting local trade and commerce and creating jobs."

    What do you think of this? Tweet us your comments @suppsolutions

    Image source: http://www.sxc.hu/photo/1429442

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