Property firm steps up plans for more residential premises in Falkirk town centre

A property company formed by two local entrepreneurs is moving forward with its ambitious mission to create residential premises to increase footfall in Falkirk town centre.

By James Trimble
Tuesday, 9th February 2021, 12:30 pm

REWD – Real Estate Wealth Development – Group, founded by Laurie Duncan and Alex Robertson, has already secured the massive property above Poundstretchers at 150 to 156 High Street and the premises above 18 High Street and 8 Lint Riggs.

Their long term aim is to keep retail on the ground floor, and create flats on the first floor in an attempt to help bring more people into the town centre.

Now the duo have submitted a planning application to Falkirk Council to change the use of the property of 8 Lint Riggs, meaning conversion work could start as early as May.

REWD Group has now put plans into Falkirk Council to change the use of the premises above Greggs in Lint Riggs and above Cash Converters in High Street

An REWD spokesman said: “It took longer than planned, but finally we have submitted the planning application for conversion of 8 Lint Riggs to six flats.

"This is a really exciting project, which we are truly proud to be a part of.

“The building represents a lot of history to Falkirk and has an a illustrious past, being one of the first places that John Logie Baird demonstrated his television invention.

"We will be working closely with planning to ensure we retain all the wonderful character.

“This project is now on a fast track time frame for REWD Group and we hope to commence the build by May this year. This is just one of several projects aimed at Falkirk High Street regeneration.”

The firm also plans to invest £1.5 million in the 2500 square metres development above Poundstretchers – which initially would have seen 16 flats being created, but now, after a planning alteration, they are looking to create 23 flats.

Mr Duncan said: “There has been a lot of interest in what we are doing in Falkirk town centre and a lot of people are onboard with the residential conversion idea.”

REWD’s plans to convert the former Indian restaurant in La Porte Precinct, Grangemouth were given the go ahead by the council last year and work has now begun on that project.

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