A landmark joint venture is about to break ground after receiving planning permission for Manor Farm Road housing development near Daresbury, Cheshire.
Developed and sold under the Laurus Homes brand, they have been designed by Pozzoni Architects, and will be built by The Casey Group. Per THTs’ ‘Profit for Purpose’ business model, the profits from this development will be used to help fund affordable housing and community projects across the North West.
Work on the site is due to start this month, with the homes expected to be completed by July 2018.
The development – to be called Hatters’ Park in honour of the author of Alice’s Adventures in Wonderland, Lewis Carroll, who was from the area – benefits from a good location, as it is a ten-minute drive to Daresbury village and other local amenities, such as the popular Norton Priory and Gardens leisure destination, and Runcorn Shopping Centre.
Local primary and secondary schools are also located within close distance, making the development perfect for families.
The properties themselves will feature off-road parking, gardens and en-suite bathrooms as standard, with some also having bi-fold doors fitted. The Government’s Help to Buy scheme will also be available for first-time buyers and other applicable purchasers.
Larry Gold, Deputy Chief Executive of Trafford Housing Trust, commented: “Laurus Homes sees its role as more than simply a developer, we have a wider responsibility to create places where people want to live and strive to build sustainable communities.
“This is now the third joint scheme we have announced with L&Q, and through this unique partnership we aim to build 2,000 homes across the North in the next four years. The Hatters’ Park scheme is a great example of the quality, desirable homes which are being built as part of this bold and ambitious venture.”
Jerome Geoghegan, Group Director of Development and Sales at L&Q, said: “We entered into a 50/50 joint venture partnership with THT to deliver more homes more quickly than we could have done individually. L&Q brings strong financial capacity and development expertise to the partnership. Trafford Housing Trust brings its own financial strength, alongside local knowledge and an outstanding track record of delivering quality developments.
“The Hatters’ Park scheme in Daresbury will see our partnership deliver a number of high quality houses, complete with gardens and off-road parking, aimed at local families who want to take advantage of the schools and other family-friendly amenities in this area.”
L&Q is one of the UK’s leading housing associations and one of London’s largest residential developers. It owns or manage over 90,000 homes in London and the South East. L&Q also build high-quality homes to meet a range of needs and incomes.
Trafford Housing Trust has Development Partner status with the Homes and Communities Agency and was the first housing association to access funding from the £300m Greater Manchester Housing Investment Fund.