Heron to start building homes again

Grant Prior 14 years ago
Share

Property giant Gerald Ronson’s Heron International is set to return to the housebuilding market following a 16 year absence.

Heron Homes was one of the south of England’s biggest builders before Ronson sold the business in 1994.

But Heron is now planning to start residential work next year through its land subsidiary which owns 8,000 plots.

Ronson said:  “To give customers value for money, you need to have acquired the land at the right price – and we have put together an excellent land bank at the right price.

“There is strong demand for homes in the south of England and if you can build the right product in the right location, you will do well.”

Homes will be pitched in the £120,000 – £400,000 bracket with a site at Emersons Green in Bristol among the first expected to start on site.

Heron has made a number of previous attempts to return to housebuilding including unsuccessful approaches for Alfred McAlpine’s housing arm in 2000 and for Crest Nicholson five years later.

Latest news

M&S wins appeal over Gove refusal to demolish flagship store

Retailer claims victory in planning row over Marble Arch building
13 hours ago

Plans expand for “new city district” at Bristol airfield

Malaysian firm YTL gets green light for bigger Brabazon development
19 hours ago

NG Bailey chief to step down

David Hurcomb to retire in May after 14 years at the helm
1 day ago

Hundreds to be rehoused in Aberdeen over RAAC fears

Engineers exploring whether to condemn 500 homes or carry out remedial works
1 day ago

Plan in for North London 620-bed student scheme

Student rooms and affordable homes scheme to be built in Wood Green
19 hours ago

Stantec lands design role on £4bn battery factory

First main construction award due shortly on Somerset mega-project
2 days ago

Utilities and civils specialist Ferns returns to profit

Kent-based firm grows to £81m revenue as telecoms work takes off
19 hours ago

Go-ahead for 316 bed Stratford student scheme

Construction to start by end of year on site next to Pudding Mill Lane station
19 hours ago

Equans suffers £146m loss and quits new build housing

Losses hit £99m on housing association new build work
2 days ago

Job cuts at modular house builder TopHat

Offsite housing specialist acts in response to "challenging market"
2 days ago

Graham wins £85m Milton Keynes Lakes Estate revamp

Enabling works start ahead of building 200 council homes
2 days ago

Go-ahead for London’s largest estate £1bn rebuild

Spring start for first job at Stratford's Carpenter Estate scheme
2 days ago

Costain trials electric vans on major civils sites

Green vans meet "tight budgetary requirements" in pilot scheme
2 days ago

Green light for major mixed-use scheme in Ealing

Scheme will provide 10,915 sq ft of industrial workspace alongside 140 new homes
2 days ago

Taylor Wimpey sees tender inflation fall to 1%

House builder retenders site work as build costs slide
3 days ago

Careys back in profit after £47m turnaround

Contracting division back in profit ahead of three-year growth plan
4 days ago

Rye Demolition goes into administration

Another specialist contractor goes under
3 days ago

Historic breakthrough for HS2’s longest tunnel drive

TBM Florence ends her 10 mile journey under the Chilterns
3 days ago

Volumetric builder Tide seals deal to start London tower

32-storey North Acton tower will consist of 462 co-living units
3 days ago

Costain moves HQ to London’s Can of Ham

Contractor makes return to London from Maidenhead base
3 days ago

Former Keltbray highways MD joins McAlpine

Vip Gandhi takes lead role at Transport division
4 days ago

Willmott Dixon exits stage left from Essex theatre contract

Contract re-tendering shines spotlight on growing schism between contractors and clients
4 days ago

Purpose build student schemes to surge again

Unite assembles record £1.3bn pipeline as fall in HMO supply boosts PBSA sector
4 days ago

Bidding starts for £1.4bn Midlands Rail Hub Alliance

Alliance will deliver upgrades to rail lines and stations around Birmingham and nearby towns
4 days ago

Brickability sounds warning over materials demand

Distributor sees lower sales lasting for longer before house building recovers
4 days ago

English Cities Fund raises extra £200m for work pipeline

Muse, Homes England, L&G partnership to double in size
4 days ago

Go-ahead for 64 homes at former Glasgow Coliseum theatre

Robertson-owned developer Urban Union to build four housing blocks at site
4 days ago

Competition probe launched into 8 major house builders

Cartel watchdog says volume house builders may have exchanged competitively sensitive information
5 days ago

Cement-free concrete firm falls into administration

DB Group also owned Pudlo waterproofing products
5 days ago

Everton Stadium now structurally complete

Laing O'Rourke lifts final concrete terrace section into place
5 days ago

Contractor services