Housebuilder set to build trio of schemes worth £170m
Housebuilder Honey has acquired a third East Midlands site and says it is on course to build more than 560 homes across the region.
The housebuilder has exchanged contracts on a site in Duckmanton and acquired sites in Edwinstowe and Killamarsh to build three proposed developments which will have a combined gross development value of £170m.
Located on Tom Lane on the outskirts of Duckmanton and adjacent to the M1, contractor Pearl will build a £78m, 275-ome development, subject to planning. The proposed development will comprise a mix of two-, three-, four- and five-bedroom homes and will include terraces, semi-detached and detached properties.
On an 11-acre site located off Upperthorpe Road in Killamarsh, Honey intends to build a £50m, 174 new home development. The land was acquired from land and property regeneration company Harworth Group.
Subject to planning, the site, which will be called Aurelle, will comprise a mix of semi-detached and detached one-, two-, three-, four- and five-bedroom homes.
Homes by Honey at Thoresby Vale in Edwinstowe will deliver a £42m, 114 new home development comprising a mix of three-, four- and five-bedroom homes including semi-detached and detached properties.
The housebuilder’s proposed development is part of the wider Thoresby Vale masterplan, located off Ollerton Road. Once complete, the scheme will comprise 800 new homes, a new primary school, a local centre and up to 250,000 sq ft of commercial space. The site was also purchased from Harworth Group.
Plans have been already submitted for the proposed development in Edwinstowe, with planning expected to be submitted for the sites in Duckmanton and Killamarsh early this year.
Honey chief executive officer, Mark Mitchell, said: “Our proposed developments in Derbyshire and the East Midlands will provide much needed new homes for people living in, or wanting to move to, Duckmanton, Edinstowe and Killamarsh.
“We have painstakingly designed a range of house types that combine style, substance and sustainability. This ensures our buyers, and the wider community in which we build, benefit from a high quality, high specification development.
“We are excited by the opportunity to make our vision for our developments a reality and we now look forward our plans being considered by the relevant local authorities.”