The historic former flour mill has been redeveloped by Hill Residential to create 19 luxury apartments adjacent to Cambridge station, in the heart of the visionary CB1 gateway regeneration project.
Originally built for the Foster family in 1896 before being acquired by the Spillers bakery business in 1947, the purchase of Spillers Mill has particular significance for family owned company Howard Group. The freehold acquisition is a key milestone in the company’s 80-year history and further supports the long-term strategy of developing and acquiring high quality assets in Cambridge and the region.
Nicholas Bewes, Chief Executive at Howard Group, said: “This acquisition is consistent with the Howard Group’s desire to acquire well located, high quality properties within the region. Over recent years, we have been increasing our exposure to the residential sector to complement our existing commercial investments and developments within the Group.
As one of the country’s leading residential housebuilders, Hill has once again excelled in creating this stunning development at the heart of the CB1 scheme and we look forward to offering these rental units to the market during the first quarter of 2016.”