Godwin Developments has exchanged contracts with Nottingham City Council for the acquisition of two brownfield sites, measuring a total of 5.2 acres.
Located in the Bulwell area of the city, the land parcels also benefit from detailed planning consent secured by Godwin, which will enable the construction of 102 affordable family homes.
The mix of two- and three-bedroom properties will be delivered across two neighbouring developments both of which are currently vacant and are set to be restored for community use after 15 years of being disused.
The Maple Fields scheme, which will be built on the site of the former Henry Mellish School on Kersall Drive, will contain a total of 57 homes, while the Crescent development – situated on the previous Piccadilly Playing Field – will provide an additional 45 homes. All homes will be energy efficient with a minimum rating of EPC B, with the potential to improve this to EPC A with a connection to a smart energy grid.
The development will be led by Godwin’s newly appointed partnership director Tim Hart, as part of his remit to manage the business’s affordable housing division. Tim will be responsible for delivering all land-led affordable homes projects, from identification and construction through to eventual onward sale.
Matt Chandler, Managing Director at Godwin Developments, said: “We are pleased to have reached this important milestone in the transformation of these brownfield sites into 102 much-needed affordable homes in Nottingham.
“It provides us with the green light to progress with the construction of these properties as soon as possible and satisfy the growing need for good quality, environmentally friendly and cost-conscious properties in the area.
“We are also delighted to welcome Tim to the business to drive forward this project, as well as deliver on our ambitions to grow in the affordable housing space nationwide.”
Throughout the approximate two-year construction period, the developments are set to create over 300 temporary jobs and contribute more than £150,000 to the local community and infrastructure.
Real estate advisors CRBE and solicitors Field Fisher advised Godwin on this transaction and the ongoing development of these sites.