Following completion of demolition works in August we are pleased to advise that construction of Olor apartments is due to commence this month.
The past few months have presented a number of challenges to the development team which has led to a short delay in anticipated commencement on site. Lengthy planning delays and works to complete undergrounding of powerlines have provided longer than expected lead times.
Fortunately these items are now resolved and the 1st Stage Building Permit has now been issued allowing us to regain momentum. Valeo has now appointed the construction team which have recently completed a successful 1½ year project in Braybrook. The team are eager to make a start on the Swan St project as soon as possible in order to make good headway before the Christmas break.
The first stage of works to commence on site will involve the installation of bored piles and capping beam prior to excavation for the basement which is scheduled to be completed in December.
Settlement is still anticipated for late 2017