Wednesday, January 15, 2025

Principle to manage 142 apartments in former bank headquarters

A unique luxury development of 142 apartments in a famous former bank’s landmark headquarters in Yorkshire is to be looked after by Principle Estate Management.

Principle has won the contract for what will be known as The Halcyon from property investment company Joseph Mews, partners on the project with developers Sekhon Group.

The Halcyon is on Croft Road in Bingley in the heart of the Yorkshire Dales, once the base of the former Bradford and Bingley banking group.

This will be transformed into a mix of one, two and three-bedroomed apartments with the first block, Bingley House, featuring 34 homes and expected to complete by the third quarter of next year.

The whole scheme will be ready by the end of 2026 and will include business suites and meeting rooms, a cinema room, private dining spaces, residents’ lounge and café bar, gym and peloton room.

There will also be a yoga and wellbeing studio, golf simulator suite, private event space and games lounge.

Joe Jobson, joint managing director at Principle, said: “We are thrilled to have been appointed to manage The Halcyon, a unique and luxury development.

“There will be 142 beautiful apartments launched over three stages that will introduce a new and exciting standard of modern living, but without compromising the distinctive character of the existing building.

“The developers are creating new benchmarks for quality apartment living with an impressive reception area, sweeping staircases and a skybridge.

“Each apartment will be significantly larger than the market average, utilising open-plan layouts, sumptuous interior design and fantastic views of the surrounding area.

“Once again, we won this major contract by showing the developers our proven success as managing large schemes across the country.

“We were able to demonstrate how our experienced managers will use the MRI Qube-powered IT systems to operate an impressive package of finance, maintenance, asset management, compliance and resident engagement.

“We will support Joseph Mews and Sekhon Group throughout the build process to help them carefully plan the high quality levels of professional service that will make a difference every day for new residents.

“This close liaison will continue as the development emerges, including putting together budgets, reviewing operating and maintenance manuals, issuing service contracts and carrying out a full onsite inspection.

“This will mean that everything will be in place and ready to work smoothly when The Halcyon reaches its management stage.”

A message from the Editor:

Thank you for reading this story on our news site - please take a moment to read this important message:

As you know, our aim is to bring you, the reader, an editorially led news site and magazine but journalism costs money and we rely on advertising, print and digital revenues to help to support them.

With the Covid-19 pandemichaving a major impact on our industry as a whole, the advertising revenues we normally receive, which helps us cover the cost of our journalists and this website, have been drastically affected.

As such we need your help. If you can support our news sites/magazines with either a small donation of even £1, or a subscription to our magazine, which costs just £31.50 per year, (inc p&P and mailed direct to your door) your generosity will help us weather the storm and continue in our quest to deliver quality journalism.

As a subscriber, you will have unlimited access to our web site and magazine. You'll also be offered VIP invitations to our events, preferential rates to all our awards and get access to exclusive newsletters and content.

Just click here to subscribe and in the meantime may I wish you the very best.








Latest news

Related news