THE Easdale Investment Group has secured approval for a new £15 million housing development on the site of the former 19th century Tate & Lyle sugar refinery in Greenock.
The 5.2-acre elevated site is located on Drumfrochar Road, Greenock and has been lying vacant since it closed in 1997.
Brothers Sandy and James Easdale, joint owners of the Easdale Investment Group, continue to invest heavily in Inverclyde, with several planned developments in close proximity to this newly approved site.
The proposed £15 million project in Greenock will comprise 47 new homes, with a new double entry point from Lynedoch Street created from the development which will be split across two levels and linked by a path and walkway.
Some 40 jobs – including at least 15 apprenticeships – are anticipated by the firm to be created through the construction phase which could last up to two years, with the site identified as a priority place as part of Inverclyde Council’s local development plan.
Sandy Easdale said, “This is excellent news and a superb opportunity to create an increased housing capacity and support the future economic prosperity of the Broomhill and Drumfrochar areas in Greenock. Other private housing developments close to the Drumfrochar site previously have proven to be extremely popular and this new site will provide superb family homes for locals and new long-term ownership.
“We expect this to be a highly popular development and expect there to be a high level of interest in the site.”
James Easdale added, “The ongoing development and economic improvement of this part of Greenock is something we are deeply passionate about and further supports our ongoing investment into nearby areas at Baker Street, Ingliston Street, and Orchard Street. This is a fantastic opportunity to bring this historic site back to life while also creating much-needed homes for locals and creating further repopulation opportunities.”
The proposed development further supports the ongoing wider regeneration of the Drumfrochar area, which includes the £3 million B7054 road realignment and a £1.8 million enterprise hub which were completed in recent years.
The 5.2-acre elevated site on Drumfrochar Road was sold by property agents Bowman Rebecchi in October 2021 to Sandy and James Easdale after the long-term vacant site closed in 1997.
Development plans were submitted by Gourock design consultancy firm, Rebecchi Architectural on behalf of Dalglen Investments in July 2022, which jointly purchased the site as part of their £900 million countrywide property portfolio.
