- Type of finance
- Business need
Over £1 million
“We’re bringing sustainable regeneration to communities across Wales. Our developments aren’t faceless out of town projects. We’re not a cookie cutter developer. That’s the great thing about working with the team at the Development Bank of Wales, they get what we’re all about and are prepared to put their money where their mouth is to drive real change.”
An unused and dilapidated Victorian railway building has been given a new lease of life as an entertainment and business complex in Barry thanks to a total investment of £2.9 million from the Development Bank of Wales.
The 1880s goods shed on Hood Road, Barry is part of the Innovation Quarter at Barry Waterfront, a joint regeneration venture between the Vale of Glamorgan Council and the Welsh Government. The mixed-use scheme will include a shipping container village and apartment complex.
The project is the brainchild of Simon Baston, Managing Director of DS Properties (Goods Shed) Limited, trading as Loft Co. He has previously worked with the Development Bank on other renovation schemes including the Pumphouse.