Galliford Try Partnerships expands reach with new land acquisitions in South West
Galliford Try Partnerships, one of the fastest growing regeneration companies in the country, has expanded its reach in the South West with two new developments secured in Devon and Somerset, with work due to commence later this year.
In partnerships with LiveWest (formerly DCH), the business will develop 180 new homes at the newly named Kingfisher Green, in the desirable community of Cranbrook, East Devon. The high quality development will comprise a range of one, two, three and four bedroom high quality homes including 54 for shared ownership and social rent and 126 for open market sale, under the Linden Homes brand
An application for reserved matters planning approval has already been submitted and, subject to approval, work is due to start on site during the summer with first homes being delivered early in 2019.
The business has also completed on a land deal to construct 171 new homes on the banks of the river Tone in Taunton, which will provide a mix of town houses and apartments. A planning application will be submitted in the upcoming months with works anticipated to begin later in the year.
Stephen Teagle, Chief Executive of Galliford Try Partnerships, said: “As a national business with a strong regional presence, I’m delighted that we have completed on these excellent new sites. Galliford Try Partnerships has the capacity and ability to support the Government’s ambitions to deliver 300,000 new homes across all tenures, and through our partnership with LiveWest we can look forward to delivering much needed new homes in the region.”
Russell Baldwinson, LiveWest's Executive Director of Development, said: “LiveWest are delighted to have jointly acquired land at Cranbrook and to be working in partnership with Galliford Try to develop a further 180 homes in this growing new town. This not only furthers LiveWest's commitment to Cranbrook but will contribute to our plans to develop 15,000 homes in the region over the next 10 years and helping thousands of customers on the road to own or rent their own home and unlocking the unique power of a good home in enabling our communities to thrive”.
Andrew Johnston, Managing Director of Galliford Try Partnerships South West, said: “Partnerships South West has grown significantly in the last year and these new acquisitions represent our first opportunity to work in East Devon and expand our offering in the region. We are always on the lookout for new opportunities in the South West, following a successful few months for the business securing new developments across Devon and Cornwall.”
Partnerships South West has recently achieved legal completion on a further two developments to develop 151 new homes in Penzance, in a further joint venture with LiveWest as part of the Homes for Cornwall initiative with Cornwall Council.