Â£45m homes deal is agreed for Leyland
Partnership housing developer Lovell has signed an agreement with Homes England to deliver 200 new homes in Leyland.
Lovell Partnerships is aiming to secure reserved matters planning permission for the nine hectare green-field site this Autumn, with a planned start on site for the £45 million Altcar Lane scheme at the beginning of 2019.
The development in Leyland, on land purchased from Homes England is forecast to be fully completed within a timeframe of 36 months.
Altcar Lane will form one of a number of national risk sharing projects under the Government’s Accelerated Construction initiative. New homes will be built at double the monthly rate for this area, with the proposal also embracing innovative approaches to development.
Modern methods of construction will see the use of a closed panel, pre-insulated, timber frame system and pre-formed floor and roof cassettes to make the installation more efficient and realise time savings.
Lovell will create 140 homes for open market sale and 60 affordable homes through Lovell’s partner Together Housing Group .
The overall scheme is set for completion in 2021 with the first homes expected to be available for sale in Summer 2019.Duncan Inglis, North West Head of Accelerated Delivery at Homes England, said: “We are really pleased to be working with Lovell, who have demonstrated a real commitment to delivering the quality and pace of development we are seeking for this prestigious site.
“We look forward to working with Lovell over the duration of this exciting joint venture initiative.”
Bruce Lister, Regional Regeneration Director for Lovell’s North West Region said: “South Ribble is one of the country’s most attractive development locations, and we are delighted to have been selected as Homes England’s development partner for the Altcar Lane project.”