Housing association Aster Group has formed a joint venture with housebuilder Linden Homes to develop its first scheme in west Sussex.
The JV, called Kilnwood Vale, will develop 130 new homes near Horsham as part of a wider collaboration between the two firms. Alongside the Sussex JV, the partnership’s White Rock JV is developing new homes in Paignton, Exeter and Okehampton in Devon as well as 1,406 homes for market sale, affordable rent and shared ownership in Hedge End in Hampshire.
Construction on the properties, which include 33 affordable homes, is expected to begin in early 2019. Linden Homes will market the homes from Summer 2019. The wider development will also include a primary school, nursery, library, local shops including a health centre, community centre and public green space.
Jane Gallifent, development and sales director at Aster Group, said: “West Sussex is a new growth area for us and forms part of our strategy of expanding further into the South East. This third partnership further cements our strong relationship with Linden Homes and we’re excited to be bringing the model to an area where there is a clear shortage of high-quality affordable homes. It means we can quickly build and market a wide choice of new properties as we play our part in tackling the housing crisis.”
The move follows Aster’s expansion into Surrey for the first time and developments in new areas in Oxfordshire and Hampshire over the past year.
Philip Chapman, managing director at Linden Homes South, added: “We plan to deliver a mix of two-bedroom apartments and two, three- and four-bedroom homes from our popular Linden Collection at Kilnwood Vale and we look forward to working with Aster Group who will also be delivering the affordable homes as part of this development.”
No comments yet