Pair hope to start building 400-home scheme next year
Peabody and Crest Nicholson have formed a new joint venture to deliver new homes in Northamptonshire.
The 104,000-home housing association and the housebuilding giant aim to deliver 405 high quality, energy efficient homes off Turweston Road in Brackley.
A 34-acre site will include one- and two-bedroom apartments and two-, three- and four-bedroom houses across a range of tenures.
The scheme will also include seven acres of green spaces, including a wildflower meadow, and sustainable elements including air-source heat pumps and an electric vehicle charging point.
The development is set to be delivered in phases, with the joint venture expected to submitted a detailed planning application later this year and construction anticipated to start in 2025 if that is successful.
Simon Barry, regional managing director at Peabody, said: “Our partnership with Crest Nicholson is great news for Brackley and the community. Our organisations share a commitment to deliver high quality, energy efficient homes for local people, and a desire to add long-term value to communities.
“These much-needed new homes, a sizeable proportion of which will be affordable, will be located in the heart of our north counties region, giving residents the benefits of market town living but with easy access to the countryside, Northampton and the M40 motorway.
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Adrian Sims, managing director at Crest Nicholson Chiltern, said the partnership enabled them to “capitalise on the expertise of both organisations to provide a collection of high quality, energy efficient new homes and a selection of amenities that residents and the wider community will be able to benefit from in years to come”.
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