MORE THAN
CONSTRUCTION COST MANAGEMENT
Residential - Refurbishment/Extension
Client
Redington Capital
Development Location
Brentwood, Essex
Development Value
£18m
QSetc Service
Cost Planning
QSetc Project Date
February 2023
The Development
This 43-unit scheme involves the part demolition of a former hotel, the construction of an undercroft car park, refurbishment of the hotel to provide new apartments and the construction of separate new residential units to provide a mixture of 1-4 bedroom apartments and houses. Some units will be accommodated within the existing former hotel building, and some will be new build. The gross internal floor area is 6,729m2. In total, there will be 19 houses, 23 apartments and 1 maisonette.
QSetc Service
Service
Service Delivery
Client Follow Up
The provision of an Indicative Cost Estimate in support of the Viability Report requested by the local authority as part of the planning process.
Within one week of instruction by the Client.
No further action required by QSetc. Client was happy with the Indicative Cost Estimate.
QSetc supported the following company on this Project
REDINGTONCAPITAL
"Redington Capital are a privately owned development and investment company. With extensive industry experience, Redington Capital have an excellent track record in maximising a sites value through diligent planning. Our primary focus is on acquiring sites un-conditionally, which are suitable for residential led mix-use developments and delivering consented development opportunities to our Housebuilder and Housing Association partners. Due to our flat management structure, we are able to move swiftly in the land market with decisions on suitable purchases made within days not weeks."
(Quote from Redington Capital's Website)
