Subscribe to our Construction Newsfeed
UK Construction Directory
Search our 157,187 companies....

Construction News

15/09/2020

Pluto Finance Completes £12m Senior Development Loan For Mixed-Use Scheme

Construction News Image
Pluto Finance has a completed a £12 million Senior Development Loan for a residential-led mixed-use scheme by Dominvs Group.

The development is located on the site of The Fox public house in Palmers Green, London.

The 0.64-acre site at One Fox Lane was acquired by Dominvs Group in September 2018. The loan facility from Pluto Finance will enable the redevelopment of the two existing commercial units, along with the development of 54 new one- and two- bedroom apartments, 16 of which will be affordable homes. One of the existing commercial units has been pre-let to a gym provider and The Fox public house, let to Star Pubs & Bars, will be redeveloped with the retention of the existing façade.
-- Advertisement --
hss



Simon Chapman, Lending Director at Pluto Finance, commented: "In the context of these wider uncertain times, the delivery of the scheme would have been delayed if it weren't for the hard work of all parties involved. We are delighted to have completed the development loan for this new client to provide much-needed new housing for the area and look forward to a long working relationship with the Dominvs team."

Latest Construction News

14/05/2025
Caddick Construction has officially completed and handed over a major new extension at Loreto Sixth Form College in Hulme, marking the conclusion of a £10 million project that broke ground just a year ago. The newly completed three-storey campus building, located on Moss Road West adjacent to the c
14/05/2025
Winvic Construction Ltd has been appointed by Gilltown to build a new 544-bed purpose-built student accommodation (PBSA) development on Westwood Way, Coventry. The Progress House project, situated just one mile from the University of Warwick campus on Westwood Business Park, will require the demoli
14/05/2025
All roads have now reopened on the newly constructed bridge deck at Agar Grove in Camden, north London, a key milestone in the £30 million project to modernise the 160-year-old railway structure. The bridge, which spans the Midland Main Line, was fully replaced over a nine-day period in December 20
14/05/2025
Clegg Construction has officially commenced work on a new state-of-the-art Faculty of Health building for the University of Sheffield. The £16 million development will bolster the work of the Sheffield Institute for Translational Neuroscience (SITraN), renowned for its research into neurodegenerati
14/05/2025
Housebuilder The Hill Group has entered into a strategic joint venture with leading co-housing developer TOWN to accelerate the delivery of community-centred residential projects and bring co-housing models into the housing mainstream. The partnership aims to fuse Hill's extensive expertise in larg
14/05/2025
Elivia Homes has finalised the acquisition of a premium development site in Four Marks, near Alton, Hampshire, where it will deliver a collection of ten luxury homes. The 5.83-acre site on Telegraph Lane, purchased from Thakeham, will feature nine four-bedroom detached houses and a single three-bed
14/05/2025
Rendall & Rittner has been appointed managing agent for One Linear Place, a new development comprising 186 private sale apartments and penthouses in London Square Nine Elms. Located in one of central London's most significant regeneration zones, the 23-storey building offers sweeping views of the R
14/05/2025
Muir Timber Systems has delivered the full timber kit package for a new development of 49 social homes in Leuchars. The homes are being built on behalf of Kingdom Housing Association. The development features a range of property types, including semi-detached houses, cottage flats, amenity bungalo
14/05/2025
Lisburn-headquartered McAvoy has achieved zero landfill waste during the construction of its major healthcare project. Working in partnership with University Hospitals Birmingham NHS Foundation Trust, McAvoy has been constructing a new Medical Assessment Unit (MAU) extension at Good Hope Hospital i
14/05/2025
As crime remains a concern for homes and businesses, CCTV has proven to be one of the most effective deterrents against theft, vandalism, and other criminal activity. Unified Integrated Systems highlights the importance of surveillance technology in enhancing security and providing peace of mind f
This web site uses cookies to improve your experience and by viewing our content you accept their use. Click here to remove this notice.
Aqua Direct LtdLakeside HireStuart CanvasEfco UK LtdEfco UK LtdCleanCube Mobile CleanroomsCleanroom SolutionsGuardtech GroupIsopod Rapid CleanroomsApton Plant Group Ltd