Ten percent of the homes in the village of Edenthorpe will be affordable.
Housebuilder Avant Homes plans to build a £121m development of 600 homes in Doncaster after acquiring a 78-acre site.
The £505m-turnover Yorkshire firm will build a mix of one, two, three and four-bedroom homes, 10 per cent of which will be affordable, in the village of Edenthorpe.
Avant Homes Yorkshire managing director, Alastair Hart, said: “This site is a significant acquisition for us and forms part of our long term strategy to expand our presence in prime locations across the region.
“The development will provide a large number of desirable new-build homes and continue to support the high-demand for much-needed properties in Doncaster. We now await the planning decision and if granted hope to be able to bring the development forward later this year.”
The news comes days after the housebuilder announced it had appointed former Persimmon strategy director Richard Stenhouse as it’s new chief financial officer.
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Stenhouse’s appointment is the latest people move at the top of £505m turnover Avant following its takeover by Berkeley DeVeer, a firm led by former Persimmon boss Jeff Fairburn, last April.
Mark Mitchell stepped down as chief executive in January while his predeecssor Colin Lewis stepped down in the immediate aftermath of the Berkeley de Veer deal.
Avant last year made a pre-tax loss of £3m, but increased revenue 13%. In the year to April 2020 it built 1,921 homes, up on the 1,759 built in the year to May 2020.
The Edenthorpe project still needs to secure planning approval from Doncaster Metropolitan Borough Council.. If successful initial groundworks should start later this year to deliver the first 261 homes.
Avant is currently working on other sites in the Doncaster area, including in Auckley, Hatfield and Wheatley Hills. Those sites together are expected to deliver 255 homes. The group currently has 57 developments under construction across its five operating regions.
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