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9 July, 2021 - 23:00 By Tony Quested

Cambridge property developer seeks new investment opportunities

Rheebridge, the award-winning property developer and investor helmed by investment guru David Rapley, is actively seeking new investment opportunities in the Cambridge area, alongside an exciting new luxury apartment development, Park View House, overlooking Parker’s Piece in Cambridge city centre.

Following the successful sale of its stake-holding in Laragh House Developments in 2020, Rheebridge is expanding its portfolio of projects and investments in 2021 and beyond.

Julia Vincent, who has been with Rheebridge since 2010 and was promoted to Business Development director in 2020, is looking forward to playing an integral part in the growth of the business, overseeing future projects and establishing relationships with new business partners.

Rheebridge has been granted planning permission to transform an area of Regent Terrace, Cambridge. 

The site adjoins the historic Parker’s Piece in the heart of the city, and will replace run-down garages with Park View House, a scheme of luxury apartments and penthouses with terraces.

The comprehensive plans, submitted by Rheebridge in August 2020, were quickly deemed to have met the stringent conditions laid out by Cambridge City Council and permission was received in just five months. 

Over the last 30 years, David Rapley has developed a diverse portfolio of highly prestigious projects and investments in over 100 prime sites across England, over 30 of them in Cambridge city centre, with a GDV of well over £1 billion. 

Rapley said: “We are so excited about the planned redevelopment at Regent Terrace. Parker’s Piece is a beautiful asset and a beloved green space in the heart of this historic city, and we will treat the privilege of redeveloping this site with the respect it deserves, enhancing the area to allow it to fulfil its potential, just as we achieved with Hobbs House.”

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