Derelict site in York has been empty for more than 10 years
Latimer, part of Clarion Housing Group, has completed on the purchase of a derelict factory in York which it plans to convert into more than 250 flats.
The deal to purchase the Cocoa Works building, first announced back in June, completed on 1 December and comes with planning permission.
The 253-apartment scheme will feature a mixture of one-, two- and three-bedroom homes, a concierge service and other community facilities, including storage for nearly 200 bicycles and more than 170 car parking spaces.
The Cocoa Works building has been empty for more than a decade after confectionary manufacturer Nestl茅 relocated to alternative premises and wrangling ensued over the site鈥檚 future.
Richard White, Latimer鈥檚 land director, said his firm鈥檚 plans would 鈥渞e-invigorate an iconic York building and, at the same time, bring much-needed, high quality homes to the city鈥.
Work is due to start soon, Latimer said.
Yesterday Clarion announced it had bought a site in South Wimbledon in London as part of a 拢1bn plan to regenerate three housing estates in the capital.
The South Wimbledon scheme will see 134 new homes built on the site at the Old Lampworks.
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