£74m enabling works deal for 5,000 Ebbsfleet homes

Aaron Morby 2 weeks ago
Share

Homes England has released £74m to fund vital infrastructure needed unlock the next phase of development at Ebbsfleet Garden City in Kent.

Homes England loan will speed on scheme by four years

The infrastructure works include earthworks to fill in a lake to prepare land for the development of more than 5,000 new homes, amounting to around a third of the Garden City plan.

The Home Building Fund loan was secured by residential infrastructure specialist Henley Camland, which is managing delivery of enabling works for the development of housing on both the Castle Hill site and the Eastern Quarry at Ebbsfleet.

It will speed up development of new homes by around four years overall and will mean many more homes can be built in the earlier phases of the development.

Henley Camland, which recently purchased the Eastern Quarry site from developer Landsec, has simultaneously agreed land deals for 2,900 homes to be developed.

Over 2,600 of these homes will be delivered by Countryside Properties and Clarion Housing Group in a new joint venture, while Barratt Homes will build 300 homes.

More than 1,000 homes will be built by 2021, with the full scheme due to be completed over the next decade.

The HBF loan will also mean a new secondary school can be delivered much sooner than would have been possible. A ‘fast track’ route through the site connecting Bluewater to Ebbsfleet International Station will also be created.

Ian Piper, Chief Executive of Ebbsfleet Development Corporation who oversee Ebbsfleet Garden City, said: “This from Homes England, when combined with the investments already made by Ebbsfleet Development Corporation in key utilities infrastructure, is key to delivering the new homes that are required to create our vision for the Garden City. It is a good example of public bodies working together to deliver great places”.

Ian Rickwood, CEO of Henley,  said: “Following Homes England’s investment and our quick succession of deals with various house builders, £1bn worth of quality homes will be delivered at a time when the UK is in dire need of them.

“We’ve worked hard alongside our partners to unlock these homes, as well as the new senior school and remain committed to bringing forward more homes and infrastructure at Ebbsfleet Garden City.”

Latest news

Egis takes on M40 upkeep role from Carillion

French giant saves 95 jobs at crashed contractor
6 hours ago

Robertson bolsters north west arm with O’Rourke hires

Peter Grieve joins as north west operations director
10 hours ago

Science Museum seeks builder for vast storage building

Firm to be picked in October for 300,000 sq ft warehouse near Swindon
10 hours ago

Boost your online presence – join the new Enquirer Directory

New site for suppliers and buyers will showcase their products, services and latest stories
2 weeks ago

Insurers slam fire test regime for building materials

"More realistic" lab tests demanded for cladding systems post Grenfell
14 hours ago

£80m twin hotel plan for Manchester Airport

Ibis and Holiday Inn kick-start new £180m Airport City hotel district
15 hours ago

Worker in plunge removing fall arrest bags from school site

Court hears edge protection was not up to industry safety standards
15 hours ago

Mace to start £120m Crossrail office scheme

PLP Architecture reveals latest images of Farringdon scheme
1 day ago

Green light for Liverpool Monarchs Quay scheme

Next phase of King's Dock mixed-use scheme approved
14 hours ago

Accident rates hit record lows for NASC scaffolders

Contractors representing 16,000 scaffolding operatives continue to reduce accidents
14 hours ago

First packages awarded on £28m Milton Keynes office job

Galliford Try gets going on eight-storey complex
1 day ago

Network Rail to build £46m Wigan train depot

Preparation works are getting underway for Ince-in-Makerfield depot
1 day ago

Specialist trade bodies petition No 10 for payment reform

Unprecedented coalition of trade associations urge Prime Minister to act
2 days ago

Construction boss and developer jailed for contracts bribery

Skansen Interiors MD and and DTZ project manager sentenced
2 days ago

Murphy wins Wessex Water Trym Tunnel relief sewer

North Bristol tunnel scheme to start next year
2 days ago

Graphene concrete game-changer for industry

Exeter Uni scientists produce concrete with twice the strength and four times water resistance
2 days ago

Kier lands lead role in £19.4m Glasgow theatre revamp

Work to start in September revamping the Citizens Theatre
2 days ago

Hill boasts record year as partnerships margin hits 3%

Partnership housing drives growth at Hill as pre-tax profit hits £47m
2 days ago

CMS wins £10m glazing deal on BAM’s Atlantic Square job

Major package win on £100m scheme
2 days ago

Contractors fold before £2m site death fines

Judge hands out huge fines but firms are no longer in business
3 days ago

Green light for £350m Leeds South Bank scheme

Preparation works can now start with construction planned to start next year
3 days ago

Mace go-ahead for London £150m Hanover Square scheme

Great Portland Estates JV secures pre-let to start building work on Mayfair scheme
3 days ago

Growth to rebound to 2.7% next year after flat 2018

30% fall in office activity over two years offset by surge in infrastructure
3 days ago

Crystal Palace to start £100m main stand next summer

Iconic main stand plan to go to London mayor to rubber stamp
3 days ago

Builder murdered by colleague on central London site

Murder hunt under way after construction worker bludgeoned by colleague on Hatton Garden roof
5 days ago

Barratt to pay for post Grenfell cladding upgrade on Croydon block

Government urges more house builders to pay for safety work rather than leaseholders
5 days ago

Carillion’s Midlands Pf2 hospital to cost extra £125m

Skanska confirmed for Midlands Metropolitan Hospital as trust waits for Government go-ahead
6 days ago

BAM Nuttall fined £900,000 after painter tears ligament

Court hears how worker plunged through station waiting room roof
6 days ago

Builders told to wait over a year for brick orders

Smaller builders warn of rising materials prices and lead times
6 days ago

14-storey Milton Keynes ‘sun hotel’ approved

Hotel La Tour gets nod for tallest building in Milton Keynes city centre
6 days ago

Contractor services