Thursday, March 30, 2024
£50m housing project to transform Aberdeen paper mill.
An old paper mill in Aberdeen is to be transformed into an urban village of 365 affordable homes. The 25-acre site has now been bought by the Devanha Housing Partnership, a group of Grampian-based housing associations, with support from Communities Scotland, the Scottish Executive's housing and regeneration agency.
The Donside mill, which is to undergo a £50m development, was once one of Aberdeen's biggest employers but it closed five years ago with multi million pound debts. Sandy Murray, chief executive of Tenants First Housing Co-operative, said "At £50m, this is a massive investment in the local economy."
Malcolm Chisholm, communities minister, added "Securing such a large and important site for affordable housing is great news. There's certainly a shortage of such sites in Aberdeen and this will also help boost regeneration efforts in Tillydrone and across the city."
The Donside mill, which is to undergo a £50m development, was once one of Aberdeen's biggest employers but it closed five years ago with multi million pound debts. Sandy Murray, chief executive of Tenants First Housing Co-operative, said "At £50m, this is a massive investment in the local economy."
Malcolm Chisholm, communities minister, added "Securing such a large and important site for affordable housing is great news. There's certainly a shortage of such sites in Aberdeen and this will also help boost regeneration efforts in Tillydrone and across the city."
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