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Somerset Place enters a period of restoration

An entire Grade-I listed crescent in Bath (Somerset, England) has been acquired by a single owner, the Strategic Iconic Assets Heritage Acquisition Fund (SIAHAF). Somerset Place was purchased in February 2012, after years of institutional use; this world-class landmark entered a 60 million British Pounds period of restoration this month which will see the complete crescent reborn as a series of luxury residences for sale through Savills.The development will comprise a number of elegant crescent houses lateral apartments and mews houses, and is due for completion in 2014. The development team will be led by Future Heritage Group comprising award winning ORMS architects and internationally renowned architect, Paul Davis who has been involved...[…]