Northern housebuilder plans to start on the £58m development next month
Avant Homes expects to start building 250 new homes in Nottinghamshire after being granted planning permission for a £58m development.
The £505m-turnover northern housebuilder will deliver a mix of two, three, four and five bedroom homes in Shilo Way, on a 25-acre site that is two miles from Ilkeston town centre.
Twenty per cent of the homes will be affordable and the developer will give a £1.7m contribution to the community to support local education, public transport and open green space maintenance.
Avant Homes acquired the site, which Avant Homes central managing director Chris Coley said was in a “highly sought-after and well-connected location”, in April last year.
The development called Bennerley View is estimated to take about four years to be built and the first homes likely to be ready for occupation in November.
Coley added: “Bennerley View will support meeting the need for high-quality new homes in the area.”
The homes will cost between £169,995 and £399,995. Avant Homes Central currently has nine live developments, from Chesterfield to Mansfield, and aims to sell more than 6,000 new homes per annum.
The appointments follow the former boss of Persimmon, Jeff Fairburn, taking over at Avant Homes in 2021. He spearheaded a takeover of Avant by a Yorkshire-based SME Berkeley DeVeer, which last year had a turnover of £28m, in a deal backed by private equity firm Elliott Advisers.
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