Construction firm begins 2024 with deals worth more than £28m
Keon Homes has made four new land deals worth more than £28m to start 2024.
As a developer of affordable housing and extra care schemes, the company has secured three sites in Coventry, Nuneaton, and Wolverhampton.
These sites will be used to build a mix of 150 houses and apartments and to meet the increased demand Keon Homes, based in Burntwood, has hired 14 new employees.
Matt Beckley, head of development at Keon Homes, said: “These latest deals underline our ability to find land, secure planning and then, using strong relationships with housing associations, develop schemes that make a real difference to local people. The region is crying out for more affordable housing, and, with these recent wins, we are now programmed to start eight sites this year, delivering 300 new homes in total.
“This will include working with our existing partners, such as Midland Heart and Walsall Housing Group, not to mention first projects for the Black Country Housing Group, Birmingham Municipal Housing Trust and Citizen Housing. This is more just than bricks and mortar. We are using the latest construction techniques and the strength of our local supply chain to regenerate brownfield sites into communities where individuals, couples and families can enjoy living.
Additionally, the company has formed its first partnership with Birmingham Municipal Housing Trust.
This partnership involves constructing 65 new homes, along with a sports pavilion and football pitches for the community, as part of the Local Authorities’ “Our Future City” plans.
Beckley added: “Our mission is all about ‘Doing the Right Thing’ and that flows throughout the business, from the way we treat our staff and the way we develop our supply chains to the way we forge exceptionally strong partnerships with Housing Associations and our other client partners.
“This has seen us complete 14 sites and 400 plots in just five years, with a secured £103m pipeline of deals in place. Importantly, in the most recent Best Workplaces List survey, 100% of Keon Homes employees stated that we are a great place to work.”
