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£8.5million secured to restore Grade II listed St Albans building | St Albans & Harpenden Review


This building in St Albans city centre is to be redeveloped
The redevelopment of a Grade II listed building in the heart of St Albans has been helped after the developers secured millions of pounds worth of finance.
Foxley Group, which is renovating a 19th century former office in St Peter s Street into new homes, has secured an £8.5 million structured finance facility from Paragon Development Finance and Apollo Capital.
The building will be converted into three new homes, including one of five bedrooms, while ten mews houses will be built in a car park behind.
The historic building has been empty since 2014, having previously been occupied by an accountancy firm for three decades. ....

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