Miller Homes and Present Made sign JV deal to build 650 homes near Bedford

Miller Homes and Present Made have formed a joint venture to build a 650-home mixed-tenure scheme near Bedford.

Scottish-housebuilder Miller, which posted turnover of £1.1m last year, and Present Made, a single-family build-to-rent developer owned by investment manager Apache Capital, have agreed a deal to developer a 170-acre site.

The development, called Mill View, will consist of a mix of private sale, affordable and single-family build-to-rent homes. Construction is due to begin on the scheme, which is located in a cluster of villages south of Bedford, later this year.

The scheme, which is designed by Woods Harwick, is part of the 1,500-home Wixam Park masterplan, which also includes five-acres of employment space, a primary school and an 87-acre country park.

Alan Penfold, managing director at Present Made, said: “The delivery partner model will help Present Made achieve scale faster while ensuring we maintain the highest design, build and operational standards.”

>>See also: Present Made sees a future in the suburbs for build-to-rent schemes

Benjamin Massey, divisional managing director at Miller Homes, said: “Building mixed tenure homes as part of our business model allows us to continue diversifying our portfolio, while creating new opportunities for land acquisition and supporting our overall growth ambitions to 6,500 homes per year.”