The scheme is being delivered through a £23m partnership between ilke Homes and Stonewater.
Supported by Homes England, the formerly derelict brownfield site is being transformed to tackle the local growing demand for affordable housing – with work on site set to complete by early 2024.
The site, which was secured by ilke Homes from the landowners and subsequently bought by Stonewater last year, was the first project ilke Homes had secured under its full development “turnkey” offering. This approach involves the housebuilder leading the entire development programme, from site identification and gaining planning consent, through to developing the scheme and finally installing the factory-built homes.
The planned development is set to deliver 74 affordable rent and 46 shared ownership homes, comprising a mix of one, two, three, and four-bedrooms.
In addition, Stonewater will be providing a ‘high-quality public realm’ for new and existing residents to enjoy.
All the homes being delivered at the former Holmer Trading Estate will be manufactured along production lines at ilke Homes 250,000 sq. ft factory in Knaresborough, North Yorkshire – a facility that is backed by a £30m investment from Homes England.
Tom Heathcote, executive Director of development at ilke Homes, said: “More now than ever, it is crucial we ramp up the delivery of energy-efficient affordable housing, so it’s great to reach the latest milestone on site.”
Matt Crucefix, director of development (South and West) at Stonewater, said: “The journey to net zero in conjunction with tackling the housing and cost-of-living crisis requires ambition and innovation.
“MMC has an integral role to play with overcoming these challenges – particularly with providing high-quality homes that are energy efficient and therefore more affordable for our customers to manage.”
Image credit: ilke Homes
Are you a building professional? Sign up for a FREE MEMBERSHIP to upload news stories, post job vacancies, and connect with colleagues on our secure social feed.