Haxted Estates and Development Securities have purchased a waterside property in Sandbanks, Poole, for the development of four luxury apartments.
The site was purchased for £5m and construction is due to commence in April, with a summer 2012 completion date.
The development is aimed at the premium market and maintains an environmental approach. It will feature the use of a high thermal mass super-insulated envelope, have low energy and water demands, a stringent approach to waste and recycling, and use locally sourced materials.
Carlo Navato, managing director of Haxted Estates, said: “With our proven track record of delivering premium residential projects, we are confident that the development at Sandbanks will greatly enhance the local environment and provide luxury apartments of exceptional quality.”
Haxted Estates was represented by Connells while Development Securities was represented by Tailor Made.
james.a.kenny@estatesgazette.com
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