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Recent Property News

Recession fund used to pay for Jersey property overhaul - March 2nd 2010

States properties are to be refurbished using money from the £140m fiscal stimulus fund, Jersey's Treasury and Resources Department has announced. The fund was created to make jobs and help Jersey's economy in the recession.

Asbestos will be removed from the 1960s wing of the General Hospital, new doors fitted on homes and facilities created at the former La Pouquelaye school. The department said it was not yet known how many jobs would be created by the refurbishment works.

Treasury Minister Senator Philip Ozouf said it was bringing forward planned projects and creating maintenance work. The Housing Department has been allocated £80,341 for new doors at Les Cinq Chenes Estate, in St Saviour, and £130,000 to replace windows at Brighton Close, in St Helier.

Jersey Property Holdings is to refurbish the former La Pouquelaye School, in St Helier, at a cost of about £500,000 in order that it can be used for childcare and and as a youth and community centre. It has also been given cash to remove asbestos from the hospital. More>>