CRL has got it covered for arresting apartment complex
FROM police station to luxury boutique flats, CRL is working with a Dorset-based developer on this venturous build.
Juno Developments (Poole) Ltd turned to CRL to assist them in facilitating the best deal on structural defects insurance warranties for the £11 million residential development on Sandbanks Road in Poole.
The old police station, renamed The Metropolitan, was built in 1935 and shut up shop in 2009 when Dorset Police moved to a new HQ. The three storey office block, complete with cells, interview rooms and car park, is being transformed into 52 one and two bedroom apartments.
CRL was appointed to put retrospective structural defects insurance in place for this arresting development by supplying a 10-year warranty certification to protect against any future structural issues.
When The Metropolitan is completed in late 2016, the 10-year structural defects insurance will be passed on to the new individual owners of the apartments.
CRL assisted Juno Developments in arranging the appropriate cover that suited their individual circumstances, allowing them to focus on this unique renovation.
Eddie Hill, one of the Directors of Juno Developments, said: “We engaged CRL to work with us on this interesting development, as they are a competitive and professional company.
Unusual and iconic conversions are a speciality of Juno Developments and we know that with CRL they have a one-stop-shop. When sourcing the appropriate cover for our developments, CRL are able to take all of our requirements on board, unusual quirks of a build and ensure they have in place the highest quality standards and cover.
CRL has worked with Juno Developments on five previous developments and is also working with the company on the redevelopment of the former David Lloyd Fitness Centre in Bournemouth, which is being transformed into 74 apartments as a joint venture with Bayview Developments Ltd.
Chris Branigan, Relationship Manager for CRL, said: “Our flexible approach meant that we were able to find structural defects insurance for The Metropolitan that ticked all of Juno’s boxes.
“On completion this cover will be passed on to the new owners of the apartments, providing peace of mind to the new owner and to our client that any structural defects are covered for the 10-year term of the warranty.
It is a pleasure to work with Eddie and the team as the projects they take on are usually out of the ordinary – like CRL they have an appetite for adventure.
Formed in 1996, Juno is passionate about transforming unusual and iconic buildings into the highest quality homes. The developer has been involved in the restoration and conversion of important listed buildings and landmark properties in Dorset and Hampshire.
Every home from micro flats to luxury houses goes through a stringent design process, involving interior designers, architects and landscape gardeners to maximise the living environment.
When finished The Metropolitan, which is located in a prime position opposite Poole Park, will come complete with communal space, gym, private gardens and bbq area. The eye-catching development is proving a big hit with buyers with more than half of the developments already sold.