200 new homes will be delivered by Wates Residential on the south coast. The contractor has already started work on its Daedalus Village scheme, marking this occasion with a time capsule burial in Lee-on-the-Solent.
The site will see the rise of a mix of housing consisting of 120 private homes and 80 affordable homes. Part of the Accelerated Construction Model together with four other national pilot sites, the Homes England initiative was designed to enable the Government to fast-track the building of homes on publicly owned land and diversify housing delivery.
“We are very proud to have started work on the Daedalus Village site, which has a rich history and a very promising future, and are pleased that so many people from the local community joined us to celebrate this significant moment with a time capsule burial,” said Paul Nicholls, Managing Director of Wates Residential South.
“Through our work, we will not only deliver 200 new high quality homes for local people but will also increase opportunities in the area through our investment in education, training and skills,” he added.
Local suppliers will be appointed for the new homes on the south coast, while residents will benefit from the creation of training and educational opportunities, which aim to boost the local economy. This includes 10 apprenticeships, work experience placements for local students and courses aimed at unemployed adults.
The homes are expected to be completed in late 2020.
Wates Residential is responding to the needs of its customers by developing mixed tenure housing schemes in partnership with both public and private sector organisations. The business covers new-build and partnership housing development activities, reaffirming its long-term commitment to deliver new homes and to help address the UK’s urgent need for new housing. Its partnership housing offer includes building and selling homes to the public, as well as providing affordable homes for social landlords.