Willmott Dixon’s resi arm will build homes for Hounslow council over six years
Willmott Partnership Homes has been chosen by Hounslow council’s subsidiary Lampton 360 as its partner to deliver 1,500 homes with an initial development value of £90m over six years.
The regeneration specialist arm of Willmott Residential - part of Willmott Dixon - will provide construction, sales and marketing services, while Lampton 360 will lead on identifying sites and gaining planning permission.
The joint venture is to bring forward an initial 11 sites owned by the council to provide 844 new homes.
The homes will be a mix of tenures with 40% affordable, 40% open market sale and 20% private rent.
The first site targeted for development is Nantly House on Lampton Road which will provide 74 new homes and commercial space. A further five of the identified 11 sites will follow later this year.
Hounslow council has a target of building 7,200 new homes in Hounslow town centre and Feltham town centre housing zones by 2026.
Howard Woollaston, chair of Lampton 360, said “The link-up with Willmott Partnership Homes will help Hounslow accelerate the delivery of affordable housing on its sites and generate revenue for the borough by unlocking value within its land assets.”
Willmott Partnership Homes chief operating officer Charlie Scherer said: “Our joint venture with Lampton 360 is an excellent example of how a forward thinking London borough, in this case Hounslow, can speed up the unlocking of their surplus land to create new homes for their residents by bringing in added capacity that can deliver ambitious, multi-site programmes.”
No comments yet