DANDARA has increased its investment in projects in Scotland’s north east to more than £100 million with the acquisition of land in the first phase of the new community at Grandhome, Aberdeen.
The housebuilder will deliver 69 new homes at Grandhome, ranging from two to four-bedrooms. The first phase at Grandhome will include amenities such as shops, office facilities and, at a later stage, schools.
Dandara said it aims to start initial construction works this month, with the first properties available before the end of this year. Gavin Wyley, MD of Dandara (Scotland) said, “This reaffirms our commitment to the north east. We have been encouraged by recent improvements being seen in the property market and wider economy, which continues to show signs of recovery.
“With our Stoneywood development in its final phase, we see this as a location to continue to deliver high quality homes which meet the level of demand for new-build which has remained strong.
“At Grandhome, we are working alongside the Trust to create a transformational community which delivers on the Scottish Government’s commitment to supporting the development of sustainable new communities in urban settings.”
Bruce Smith, trustee for the Grandhome Trust added, “We’re very pleased to welcome Dandara to Grandhome as one of the community’s first homebuilders. They were quick to embrace our vision and their high standards and reputation for quality make them a great housebuilding partner for delivering this exemplary new community.”