🏗️ Bloom Boost Build-Out to Completion in Newbury After Developer Insolvency

Starting in November 2024 and completing this month, this scheme saw the successful turnaround and completion of a distressed office-to-residential conversion, following the insolvency of the Developer early on through the project construction. ⚠️

Acting as Employer’s Agent and Quantity Surveyor, the Bloom Building Consultancy team were entrusted by the lender to step in and perform a deep dive on all construction and statutory issues, before managing the procurement and oversight of the build-out works. 🔍👷🏻‍♀️

The £5.5m conversion project has now successfully created 191 new residential apartments from this former commercial property in Newbury, Berkshire – a hugely positive outcome for our client, as well as providing much needed new homes. 📦🪴 🏢

🎉 Congratulations to all of the teams involved in this ultimately successful completion.