| Administrator PricewaterhouseCoopers today confirmed Duncarse Development’s former Homebase site on Riverside Drive has been sold to local building firm H&H Properties (UK Limited).
Duncarse went into administration exactly a year ago today, leaving the planned development of 202 flats in limbo.
The last 12 months have seen the site become the focus of graffiti, vandalism and other anti-social behaviour, and the news of a buyer was today welcomed by local councillor Fraser Macpherson.
“There has been concern about the fact the site has been left derelict or some time, so it is good to learn the land has been purchased by a local developer,” he said.
However, Mr Macpherson said he had concerns about the nature of the planned development and hoped the new owners would reconsider the scale of the plans.
He said, “It is a wonderful site, with beautiful views of the River Tay, and represents a great opportunity for a suitable development.”
Hassan Al Saffar, director of H&H Properties, is out of the country on business and was unavailable to explain his plans for the site as the Tele went to press.
PricewaterhouseCoopers has already negotiated the sale of other stalled Duncarse developments at West Green Park in Liff.
Administrator Bruce Cartwright said he expected the company’s two remaining sites — the former Tay Rope Works factory on Magdalen Yard Road and a final site at Liff — to be sold before the end of the year. |
