Lu2on, Luton

Eitan Eldar | EVH Finance: Lu2on, Luton

In January 2022, EVH offered a refinancing facility of £48.4 million for the Lu2on mixed-use scheme. Lu2on, a residential-led development, is ideally positioned around 1 mile away from the Luton town center. The project’s first phase has been successfully completed, featuring 401 private residential units, 68 parking spaces, and 23,390 sq ft of commercial space. Additionally, the second phase comprises land with planning consent for an additional 553 residential units. Collectively, the two phases encompass an impressive total area of 452,000 sq ft.

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