Eco update – Hanoi project makes a splash and eco-friendly Sheffield scheme

21 June 2021 | Investment

As a traditional Japanese bathing facility, Onsen have a plethora of mental and physical health benefits including boosting blood circulation, as well as having restorative minerals which are essential for remedying skin irritation.

Swan Lake will be a residential complex dedicated to water and nature, creating air quality equivalent to that of New Zealand. The facility is part of a wider project to create a green, modern and sustainable city; where quality of life, mental health and wellbeing comes first.

The hot spring will be nearly 1,000 square metres with more than 1,000 sky gardens, and each residential unit will be equipped with its own garden.

Residents can expect ‘breathtaking’ landscapes in Swan Lake, as sky bridges that connect five residential towers will be decorated with Sakura flower, cherry blossom. The aim is to make Swan Lake the world’s tallest and greenest complex to date.

Swan Lake will be part of the four-decade sustainable development Ecopark that will be home to over 1,000,000 trees, 50 times the density of trees in Central Park. It will also be home to over 3,000 birds and rare species.

The water surface area would easily cover 142 American football fields and totals over one million square feet. Each district is also expected to have a unique take on the benefits of nature and well-being.

With mental health and well-being more important than ever, Ecopark notes it is time to rethink how we build homes with health and well-being at the forefront. The developer says Swan Lake’s concept of hot springs being at the core of a healthy lifestyle, is the way forward.

Aldermore grants £8.4m for ‘ultra-low carbon’ Sheffield development

Aldermore Bank has provided a £8.4 million development finance loan to Citu Group, a low carbon property developer which specialises in using modern methods of construction (MMC) techniques to deliver high-quality, energy-efficient and sustainable places.

The loan will finance part of Citu’s new Kelham Central scheme in Sheffield, delivering 46 residential units. The timber panels used at the Kelham sites will be manufactured at Citu’s own off-site manufacturing facility less than 35 miles away and are designed in collaboration with Leeds Beckett University.

Using sustainable technology, Citu aims to create high-quality homes that vastly reduce construction time and waste and radically reduce homeowners’ carbon footprints once occupied.

Eco update – Hanoi project makes a splash and eco-friendly Sheffield scheme

Iain Bryson, head of development and specialist property at Aldermore, comments: “Aldermore recognises that MMC is playing an increasingly important role in delivering the homes that the country needs.”

“We’re committed to working closely with construction firms, housebuilders and property developers such as Citu to provide funding solutions for high quality, low carbon and sustainable developments.”

He adds: “It’s great to be backing Citu Group on its next project at Kelham Central in Sheffield, which was once one of the industry heartlands of Britain and is becoming an increasing environmentally conscious, green area of the city.”

Chris Thompson, managing director of Citu Group, says: “We’re delighted to be working with Aldermore to kickstart our next project in Sheffield. In the face of the climate emergency, businesses are increasingly aware of the footprints and environmental consciousness of their stakeholders.”

“Banks have a large influence in directing funds towards climate-conscious projects and businesses, and we welcome the vision of Aldermore in supporting us to bring to fruition this important project.”

The Kelham Central scheme will deliver 114 residential units in total. Citu’s neighbouring Little Kelham site, now almost complete, consists of 153 homes, 15,000 sq ft of retail space and 20,000 sq ft of commercial units.

This post has originally been featured in Property Investor Today.