The public-private partnership Bournemouth Development Company (BDC) has competed its latest £12m scheme. The Treetops development, located in Bournemouth town centre, offers one, two and three-bedroom homes for rent. BCP Council purchased Treetops from BDC as a long-term investment asset. The homes are being operated as a private-sector rental scheme via the council’s wholly owned services company Seascape Homes & Property Limited under a 25-year lease. BDC is a 50:50 partnership between BCP Council and national urban regenerator Muse Developments, a Morgan Sindall Group company. It was established in 2011 to help regenerate Bournemouth town centre. The development also return profits back to BCP Council for investment in future regeneration projects – two of the main aims of the partnership. BDC has also recently broken ground on the next stage of its wider masterplan, a 44-apartment development to the west of Bournemouth’s town centre on Durley Road, due for completion … (To read the full article, subscribe below)
Senior reporter – NewStart
Subscribe to New Start
Full access to all New Start content is just £49 + VAT per year (25% discount for group subscriptions of 5 or more subscribers)
