We are delighted to announce the appointment of UK housebuilder and community regeneration specialist Keepmoat to deliver two landmark developments worth £28m for the Group.
The first scheme will see a derelict site at Herbert Road, Newport transformed over a four year period. The initial phase of work will consist of extensive infrastructure improvements as well as the construction of 20 of the site’s first apartments.
Keepmoat will also work with Pobl, on the design and construction of 30 one-bedroom retirement and sheltered living flats with communal and management facilities on land near Madoc Place, which occupies a corner of the former Vetch Field in Swansea.
Neil Barber, Pobl Group Director of Development, Sales & New Business said “We are very pleased to appoint Keepmoat to deliver our Herbert Road and Madoc Place developments. Keepmoat have an impressive track record of delivering high quality affordable homes, whilst creating valued community benefits, apprenticeships and training opportunities for local people.
The two contracts bring two high profile brownfield sites back into use. Madoc Place forms an integral part of Swansea City Council’s ambitious regeneration plans for the City Centre.
Herbert Road will allow ourselves and Newport City Council to build on the momentum created by our flagship development at Loftus Garden Village, which has set a new benchmark for the delivery of high quality multi tenure housing developments, with a wide range of housing solutions to suit people’s different circumstances.
These projects form part of Pobl’s overall £300M development programme to deliver 3,000 much-needed affordable homes over 5 years across South Wales”.
Edward Rees, Keepmoat’s Regional Director for South Wales, said: “We are delighted to have secured these projects, which stand as significant successes for both Keepmoat and Pobl. We are excited to work on flagship housing projects in Wales; taking unused brownfield sites, crafting new communities and transforming the lives of local people. We are bringing extensive experience of this kind of housing and community work to these projects, which are pivotal to the success of developments in Wales and across the country.
“With initial enabling works planned to commence early next year, we are looking forward to beginning work on a these projects, which will act as the cornerstone of our activity in South Wales across the next four years.”
A variety of two, three and four bedroom houses and apartments will be built by Keepmoat at Herbert Road and will be available through a wide range of rental and purchase options, including shared ownership and outright sale through Pobl.
Article created: 30th January 2017