Willmott Partnership Homes will form a joint venture (JV) with the council’s subsidiary Lampton 360 to initially develop 11 sites owned by the council. The first site targeted for development is Nantly House on Lampton Road, which will feature a block of 74 flats. Work on another five of the earmarked 11 sites will begin later in 2017.
The homes will be available in a mix of tenures including 40% affordable, 40% open market sale and 20% private rent. The project will have a development value of £90M.
Overall, the council plans to deliver 7,200 homes in the Hounslow and Feltham town centre housing zones by 2026.
Willmott Partnership Homes’ chief operating officer, Charlie Scherer, said: “Working in a truly collaborative, 50/50 joint venture will allow us to blend our knowledge together to accelerate the provision of much needed new housing available for all tenures.”
Howard Woollaston, chair of Lampton 360, added: “The complimentary skill-sets will see Lampton 360 lead on identifying sites and gaining planning permission, while Willmott Partnership Homes will add its construction, sales and marketing skills to deliver the new homes.”
* Data provided by Timetric's Construction Intelligence Center.