WORK is underway on a new construction project in Inverness city centre to create new homes and business opportunities.
The derelict building at 79 Academy Street, formerly known as Farm Foods, will be demolished, with the site transformed into a new development of rented homes and commercial units.
The initiative is due for completion in early 2020, with Morrison Construction the main contractor. The project has been funded by a package including money from The Highland Council, The Highland Housing Alliance (HHA), the Scottish Government and the Highland City Region Deal.
23 of the 37 residential units, which will be mix of 1 and 2-bedroom properties, will be for rent from The Highland Council. The remaining 14 will be mid-market homes for the Highland Housing Alliance. The development will also include four small commercial units on the ground floor.
Gail Matheson, chief executive of the Highland Housing Alliance said, “Demand is high for good quality, well designed city centre living so it is exciting to be involved in this development.”
The Provost recently visited the site, during which time it was revealed that the new name of the development will be Wyvern House. In the 50s and 60s it was the premises of the SMT Vauxhall Garage and one of its best-selling models was the Wyvern car.
The Scottish Government’s Housing Minister Kevin Stewart said, “Making sure everyone has a safe, warm and affordable home is central to our drive to make the country fairer and more prosperous. I am therefore delighted that work is now beginning on these 37 new homes, which have been supported by over £1.7 million from the Scottish Government. This project will not only enhance this part of the city, by providing high quality homes but also provide business opportunities – a wider benefit for the whole area.”