BLG has been working with JMC Developments (Hunslet) Ltd (JMC) since 2015 and has so far successfully funded to date around 330 units in 5 blocks being a mix of derelict mill conversions and new builds in Hunslet, just outside Leeds. BLG is also currently funding the 6th and final Block on the site being the conversion of a large mill to provide a further 93 units.
The clients presold the 5th Block to an overseas fund for a figure in excess of £19m and we are delighted that the pre-sale was completed on the 10th of February 2022. The final Block of 93 is also presold to the same purchaser with completion expected at the end of 2022.
To date, BLG has funded or agreed to fund around £33m in total across the total development and we are highly delighted to have been associated with this important project and helping to bring back to life an area that required major regeneration.
