Willmott Partnership Homes will team up with the London Borough of Hounslow to deliver 1,500 homes over a six-year period.
Hounslow Council’s wholly-owned subsidiary, Lampton 360, will partner with Willmott Partnership Homes, part of the Willmott Dixon Group, to supply 1,500 homes with an initial development value of £90M.
The homes will be a mix of tenures with 40% affordable, 40% open market sale and 20% private rent.
The council wants to deliver 7,200 homes in the Hounslow and Feltham town centre housing zones by 2026.
The first site up for development is Nantly House on Lampton Road which will provide 74 new homes and commercial space. A further five of the identified 11 sites will follow later this year.
Willmott Partnership Homes’ Chief Operating Officer, Charlie Scherer, was full of praise for the unique joint venture could unlock new housing. He said: “Our joint venture with Lampton 360 is an excellent example of how a forward thinking London borough, in this case Hounslow, can speed up the unlocking of their surplus land to create new homes for their residents by bringing in added capacity that can deliver ambitious, multi-site programmes.
“Working in a truly collaborative, 50/50 joint venture will allow us to blend our knowledge together to accelerate the provision of much needed new housing available for all tenures.”
Howard Woollaston, Shair of Lampton 360, echoed Mr Scherer’s comments, saying: “The link-up with Willmott Partnership Homes will help Hounslow accelerate the delivery of affordable housing on its sites and generate revenue for the borough by unlocking value within its land assets. The complimentary skill-sets will see Lampton 360 lead on identifying sites and gaining planning permission, while Willmott Partnership Homes will add its construction, sales and marketing skills to deliver the new homes.”
If you would like to read more articles like this then please click here
The post Willmott Dixon to build 1,500 homes in partnership with Hounslow council appeared first on UK Construction Online.
Walang komento:
Mag-post ng isang Komento