ICW appointed as warranty provider on Loft Lines project
ICW has been appointed as building warranty provider for a key part of the £175 million Loft Lines residential development in Belfast’s Titanic Quarter.
Loft Lines occupies a prominent waterfront site adjacent to Titanic Belfast and the film studios which produced Game of Thrones, and, once complete, will consist of 627 buy-to-rent units and 151 affordable homes, as well as retail and other mixed-use space.
ICW is providing the warranty for Block 9 – which consists of 150 apartments - under its High Value Scheme, one which provides 10 or 12-year structural warranty cover for residential, commercial and mixed-use projects with a reinstatement value in excess of £20 million.
Loft Lines is the latest development to be covered by ICW’s specialist scheme which has also provided cover for Escapade Silverstone, a residential development at Silverstone racetrack, and luxury apartment blocks in London and Milton Keynes. The firm has continued to grow in recent months, cementing its reputation as one of the largest providers of building warranties and building control services in the UK.
Aaron McCarten, ICW Group Chief Operating Officer, said: “Our High Value Scheme has proven hugely popular in recent months, and we’re delighted to be providing cover at the Loft Lines project. This is a truly iconic development, one which occupies one of the most prominent sites in a major city and is testament to the high standard of cover and service levels ICW offer to major developers.”
Anthony Best, Managing Director at Lacuna Developments, the development company behind Loft Lines, said: “Loft Lines is creating a new riverside community in the heart of Belfast, situated in prime city centre real estate. We are delighted to partner with ICW for structural warranty cover on Block 9 and look forward to seeing the development progress.”
James Eyre, Commercial Director at Titanic Quarter, the organisation in charge of the regeneration project, said: “Loft Lines marks the next stage of Titanic Quarter’s evolution, one which will see a significant increase in our residential space and the transformation of a prime riverside site. To bring our projects to life takes a colossal effort from an array of stakeholders and we’re delighted to have ICW on board for this iconic development.”
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