Paragon Bank provides £3.8 million development finance facility to ORM Developments for Bath office-to-residential conversion
- Paragon Banking Group’s development finance unit provided a £3.8 million development finance facility to ORM Developments.
- Funding supports conversion of Chartist House, an office building in Bath city center, into 15 private apartments.
- Project gross development value expected at about £6.2 million on completion.
- Construction is expected to start in late 2026; first apartments are slated to launch in September 2027.
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