Grainger plc
(“Grainger”, “The Company”)
GRAINGER SELECTS REDROW HOMES TO BUILD OUT THE SECOND PHASE OF THE BEREWOOD DEVELOPMENT
Grainger plc has announced that phase two of its Berewood development in Hampshire will be developed by Redrow Homes. The second phase of the 2,550 home development will comprise approximately 250 homes and has a GDV of £55m. In line with the outline planning consent, 40% of the homes will be affordable, with work expected to start in the new year.
Grainger undertook an extensive tender process in order to select Redrow Homes as its partner, which was chosen on account of its particular expertise in delivering houses of high quality and a proven track record in the field of design. Grainger and Redrow will work together closely to deliver the homes according to the consented Design Code, in order to adhere to the vision of the Berewood Masterplan that was devised with Savills and ADAM Architecture.
The plot for phase two sits within the ‘Garden Suburb’ section of Berewood, where design, density, material choice and house styles reflect the traditional ‘arts and crafts’ style of the original garden suburbs. The ‘arts and crafts’ style favours natural materials, simple designs and a hand-crafted appearance. Green spaces will be prioritised and extensive green infrastructure, including Sustainable Urban Drainage System (SUDS) channels, extensive tree planting and new landscaping will be installed. The plot will be surrounded on three sides with woodland and open space and will unlock the land which will become the town park – the ‘green heart’ of Berewood.
Phase two will also see Grainger install infrastructure that will service the housing plots, including improvements to the Milk Lane and London Road junction. Milk Lane will act as a second access to the Berewood site, which will be developed within this phase. The location of phase two is towards the southern end of the site so that it will not to overlap with phase one, where work is already underway, at the northern end of the site.
John Beresford, Development Director at Grainger, commented, “We are really looking forward to working with Redrow Homes on the next phase of Berewood. Its reputation for high quality urban building means that we can be confident that the homes will be built to a high standard. Redrow’s design submission interpreted our design codes perfectly and is very much in keeping with the vision of Berewood that we have promised to deliver. The master plan at Berewood has been developed in a way that enables the whole development to be delivered in a joined-up manner. This long term approach that Grainger takes will create a neighbourhood which echoes many of the qualities of the traditional English Garden Suburb. Redrow shares our ethos and understands our vision.”
John Allan, Managing Director of Redrow Homes (Southern Counties), said: “This imaginative and well planned Garden Suburb is the perfect location for our Arts & Crafts inspired Heritage Collection. The acquisition of land for approximately 250 plots is an important milestone in our plans to expand Redrow’s newly created Southern Counties division. We are looking to grow to an output of around 500 new homes per annum over the next three to five years in an area that includes the counties of Hampshire, Surrey, Berkshire and West Sussex.
“We would hope to secure a detailed planning consent for the Berewood homes by Spring 2014 with a view to making a site start in early summer.”
The 2,550 homes Berewood development comprises 13 phases, and will be completed over several years. Phase 1 of 194 homes is currently under construction by Bloor Homes and the first homes are being marketed. As well as much-needed homes, the project will also deliver 100,000 sq m commercial space, two new primary schools and a number of community facilities including a community centre, health and leisure facilities, public open spaces and sports pitches.
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Issued on behalf of Grainger plc, for more information, please contact: Lizzie Lambert at TwoBlue Communications on 020 8870 0367 or [email protected].
For media information regarding Redrow Homes contact Linda Bright at Active PR on 0771 002 0026 or
NOTES TO EDITORS
- Berewood is a residential-led mixed use development
- Grainger plc obtained planning permission for 1,550 new homes within the Plant Farm Zone of Berewood. Winchester City Council and Havant Borough Council then identified the need for an additional 1,000 new homes
- The masterplan was updated to help deliver the additional homes and local facilities, and to ensure that the important features of the site can be retained. A revised application was submitted in 2010 following an extensive public consultation program. Planning permission was granted in March 2011
- 40% of the new homes will be affordable
- Locals facilities provided under the section 106 agreement will include two primary schools, a community centre, and a river restoration project
- Grainger plc is the UK’s largest specialist residential property owner and manager traded on the London Stock Exchange.
- Grainger’s activities in the UK and Germany cover ownership, trading, fund management, property management and development of residential property. Grainger is also a leading provider of retirement housing solutions, including home reversion products through Bridgewater Equity Release. It owns approximately £2.4 billion of property assets and has assets under management of over £3.0bn.
- Redrow Homes is one of the UK’s leading house builders, operating across England and Wales, with a strong emphasis on high quality family housing in prime locations. Its Heritage Collection of family homes combines traditional looking, ‘Arts & Crafts’ influenced exteriors with bright, modern, high specification interiors. Established almost 40 years, the company has won numerous awards over the years. Redrow received a 5* Award in the Home Builder Federation (HBF) annual customer satisfaction survey in 2011, 2012 and 2013; collected the Silver award in the Large Housebuilder category of the 2012 What House? awards; and its ‘Share a little bit of joy’ campaign was named best marketing initiative at the 2012 Housebuilder Awards. Web: www.redrow.co.uk.