Developer hails strong first quarter with £61m order book
Leeds-based partnership housing developer Lovell has made a strong start to 2017 with a forward order book exceeding £61m, which it has attributed to new contracts with housing association partners and land-led developments across Yorkshire, Lincolnshire and the Humber.
The company has just started work on a recently purchased site in Chapel-en-le-Frith, building a £12m development of 47 homes on the edge of the Derbyshire Peak District.
Construction is also set to start on two developments in Greetham, north Rutland, and Branston, Lincolnshire, which will deliver a further 108 homes while work is just beginning on the next phase of a major housing regeneration programme at Ings, Hull.
In Leeds, Lovell is currently building 33 homes for Leeds Federated Housing Association in Belle Isle.
“I’m delighted that the region has made such a strong start to the year,” says Lovell regional managing director Robert Adams.
“As a leading UK partnership housing developer, we have unrivalled expertise in working with our housing association and local authority partners to identify and deliver development opportunities which will provide the new homes the country needs so urgently. Our successful track record, financial strength and technical capability are increasingly reflected in our growing presence across Yorkshire. With the outlook for 2017 and beyond in the region looking extremely positive, we’re committed to continuing to drive growth, working closely with our partners to bring further new homes to the market.”
