PlacePoint to deliver 1,600 homes as part of Gamston Sustainable Urban Extension
A company set up by Homes England’s National Housing Bank and housebuilder Vistry has acquired a site to build 1,600 homes as part of an urban extension to the east of Nottingham.
The site is the first to be bought by joint venture company PlacePoint, which is aiming to deliver 4,000 homes in total.
The first phase of the Gamston Sustainable Urban Extension, in the district of Rushcliffe, has been submitted for planning. The project, expected to deliver 4,000 homes altogether including the 1,600-home PlacePoint phase, is also expected to deliver schools, healthcare facilities, local centres and public transport links.
It is being brought forward collaboratively with Taylor Wimpey, land promoter Barwood Land and Arc Partnership on behalf of Nottinghamshire County Council.
Jennifer Murray, director for products, equity and partnerships at the National Housing Bank, said: “This joint venture brings together the expertise and long-term vision required to unlock complex sites such as Gamston.
“By working collaboratively with partners, we can accelerate the delivery of high-quality homes, alongside the infrastructure and services that underpin thriving places, while ensuring development responds to local priorities and ambitions.”
Stephen Teagle, chief executive for partnership and regeneration at Vistry and JV representative at PlacePoint, said: “The acquisition of Gamston marks a significant step for PlacePoint. Our ambition is not just to deliver homes, but to create a sustainable, well-connected neighbourhood shaped by and for the community.”
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