It
may not be appropriate to exactly describe the ISLAND building -
formerly IYLO in Croydon - as "fashionably late", given the very real
pain of the very real setbacks that the project encountered during its
protracted construction. Anyone who has read the local Croydon media
over the last few years will be aware of the stop-start nature of IYLO's
building process, which has finally recently concluded.
The
scale of those setbacks certainly cannot be downplayed, but nor can the
difficulty of avoiding them for those overseeing the IYLO project at
the time. This elegant glass structure, towering some 20 storeys above
Croydon's streets, was always a project of great promise for those from
around the United Kingdom and the world who aspired to a luxury London
lifestyle at an affordable price. However, for a time, it looked like a
dream that would never be realised.
With
Summer 2012 having been the initially intended completion date,
construction was going well until 2009, when the wider global economic
collapse also accelerated the slide into administration of HBOS, which
had been funding IYLO up to that point. Construction did recommence in
late 2010, but then, in the middle of 2011 - with the international
economic recovery still fragile - the building company itself entered
administration.
These
were immense obstacles that might have led to the permanent mothballing
of many residential projects, but that did not prove the case for IYLO
in Croydon. The building was subsequently delivered safely into the
hands of new owners Regency Homes Ltd and construction was able to begin
again, and this time, the coast was clear for the long-delayed
completion of work. By the end of 2014, with many of its penthouses and
apartments already reserved, the former IYLO - now rechristened ISLAND -
could finally say goodbye to the construction cranes and swing open its
doors.
Every
aspect of the finished building, in fact - not merely the doors - is
impressive. With the final specification including everything from a
stunning double-height entrance lobby and water-fountain communal garden
to engineered wooden flooring, underfloor heating and supremely
well-appointed living/kitchen, bedroom and bathroom areas, one would
have never guessed that ISLAND had undergone such a painful birth.
That's
a hugely positive sign as the building looks forward to a long and
successful presence in Croydon, powering forward the regeneration of the
wider neighbourhood while also providing the most comfortable living
quarters for residents in the here and now. Those interested in the
final few available ISLAND apartments and penthouses are urged to get in
touch swiftly if they are not to miss this golden opportunity of an
attainable - but exciting - London life.
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