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£11m homes plan for Prescot's Lancashire Watch Company
4:40pm Wednesday 21st August 2013 in News
AN £11m project will revitalise an historic watch factory by transforming it into a housing development tailored to meet the needs of an ageing population.
Seventy homes will be built as part of an extra care scheme at the former headquarters of the Lancashire Watch Company, on Albany Road, Prescot.
Extra care schemes help older people live independently with varying levels of support on site.
The project, a mix of two, three and four bedroom homes, will include 54 apartments in the Grade II listed building and 16 bungalows, of which six will be available for shared ownership.
It will also include security, communal gardens, a restaurant, hairdresser and social rooms.
Knowsley Housing Trust, partners Knowsley Council and developers lIiad Mason LLP have teamed up for the development, which will receive NHS funding.
Ian Thomson, executive director of asset management at KHT, said: “This will address the needs of older people and accommodate for a projected increase of 15 per cent in the number of over 50s in Prescot to 2019.
“This is an important site for Prescot with a proud heritage. Now we can bring it back to life and make it more in tune with the town centre, which is itself receiving a multi-million pound makeover as part of the Prescot Townscape Heritage Initiative.”
The Lancashire Watch Company was founded in 1889 and closed in 1910. The listed buildings will be retained and redeveloped and the rest of the land will be cleared ready for new construction.
The new properties will be available in early 2015. A second phase will create a further 62 homes.
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