Affordable housing provider secures deal for Leicestershire development
Vistry Group, a provider of affordable mixed-tenure homes, has secured a deal with Man Group’s Community Housing team to build 146 houses and apartments in Wellingborough.
Located at Glenvale Park, the development will feature one and two-bedroom maisonettes, as well as two, three, and four-bedroom homes.
The first 75 homes will offer social rent and shared ownership options, with support from Homes England.
The 7.8-acre site, part of the broader 3,000-home Glenvale Park expansion, will also include 675 affordable homes and a 25,000 m² business park, featuring a new local centre with retail amenities, a communal hub, two primary schools, a nursery and parkland.
Andy Reynolds, managing director of Vistry South East Midlands, said: “We are thrilled to be working with Man Group for the first time on this exciting project. Our use of modern methods of construction will reduce the carbon footprint of these homes whilst allowing them to be built at speed to meet the housing needs of the community.
“We’re excited to once again be a part of Wellingborough’s growth and to be entrusted with the build of these much-needed new homes which will create a thriving and sustainable community.”
Shamez Alibhai, managing director and head of community housing at Man GPM, said: “Our aim is to help
address the UK’s housing crisis by creating affordable, high-quality and sustainable homes. We are pleased to partner with Vistry to deliver on this ambition and develop 146 new homes in Wellingborough. By working together, we have the potential to deliver real social impact and provide environmentally sustainable communities.”