Galliford Try Partnerships has formed one of the largest joint ventures in the North West between a housebuilder and a social housing organisation — as part of a major regeneration opportunity worth more than £100m to transform an area of Greater Manchester.
The joint venture brings together two well-established organisations to focus on delivering high quality new homes and provide a sustainable new community which integrates within the existing Partington area. The plans will be developed closely with the local community and will contribute to the Partington Priority Regeneration Area.
Galliford Try Partnerships’ Chief Executive Stephen Teagle, pictured above, commented: “This is an exciting opportunity to work with the Trust’s Laurus Homes housebuilding division and deliver a high-quality development that provides great homes, a great environment and contributes to the wider regeneration of Partington. It will provide homes and jobs for local people and add to our growing programme of delivering new homes in the North West.”
Work has commenced on the consultation process, after which a planning application will be submitted to Trafford Metropolitan Borough Council. It is hoped to start on site later in 2018. The new development, which is situated 10 miles south-west of Manchester city centre, will see the joint venture create a new community in the heart of Partington.
Brendan Blythe, Regional Managing Director at Galliford Try Partnerships North West, said: “Trafford Housing Trust has a well-established reputation within the Trafford and Greater Manchester area. Therefore, we are delighted to enter into this joint venture to establish Heath Farm Lane LLP and bring forward this important regeneration scheme.”
Larry Gold, Deputy Chief Executive from Trafford Housing Trust, added: “Being based in Trafford, we are very familiar with both the challenges and huge opportunities that the Partington district has to offer. This scheme is just one of several transformational programmes in the pipeline for the area, and we look forward to working with Galliford Try Partnerships to drive this first phase of development.”
The proposals will comprise of 576 new homes, which will be a mix of one- to five-bedroom dwellings, including apartments and family homes. 500 of the new homes will be available for open market sale. They will be promoted under Galliford Try’s Linden Homes brand as well as Trafford Housing Trust’s homebuilder brand, Laurus Homes. Furthermore, 74 houses will be available as affordable homes, and will feature a mix of tenures including Shared Ownership and rented.