Genesis Housing Group and Hill Residential have successfully
completed the purchase of land close to the centre of Chelmsford in
just six weeks. The 3.4 hectare Central Campus site (the same size
as 3.5 football pitches) and has been purchased from Countryside
Properties Ltd with planning to build almost 700 homes.
The site will contain a mix of affordable homes (rented and
part-buy/part-rent) and outright sale properties as well as office,
retail and arts space. The planning permission also includes a new
land bridge over Parkway to Central Park South. Genesis will be
working closely with Chelmsford Borough Council throughout the
development of this site.
Steve Coleman, Genesis Group Development Director said; "We are
thrilled to have purchased this land and are very excited about our
plans for the site. We are focused on investment and as a Group
have the capability to act quickly on opportunities like this. It
took us just six weeks to acquire this land, which demonstrates our
entrepreneurial approach to the business of buying land and
building homes. We are always looking for opportunities of this
kind.
This development will contribute towards reducing housing shortage
as well as having a positive economic impact on the area. The mixed
use of a range of housing tenures and commercial units at this
development will attract a range of people to the area, helping to
create a strong sustainable community."
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For more information, please contact:
Alex Gaze
Marketing, Press & PR Officer
Genesis Housing Group
0208 150 4755
alex.gaze@ghg.org.uk
Notes to editors
Genesis Housing Group provides homes and services to tens of
thousands of people across London and the south east. The Group
consists of PCHA, Pathmeads and Springboard housing associations.
We also have in our group a charitable foundation, Genesis
Community. We are one of the largest and most successful housing
groups in the UK, owning and/or managing more than 40,000 homes.
Our overiding aim is to put customers first and provide excellent
service to all.