A2Dominion ramps up homes target to 6,000

Aaron Morby 7 years ago
Share

Housing association and property developer A2Dominion has shaken up its commercial leadership team to deliver a 50% hike in construction over the next few years.

Nick Hutchings will run the group commercial operation
Nick Hutchings will run the group commercial operation

A2Dominion had previously planned to build 4,000 homes by 2020, but has raised its ambition to now deliver 6,000 units, with many more for private rent and sale.

The revised land strategy at A2Dominion is being supported by key changes to its group’s executive management team.

Former St George London director Nick Hutchings, who now runs A2Dominion’s south east operation, is being promoted to managing director of group commercial operations from October.

To ramp up delivery A2Dominion is moving towards a more centralised model of delivery within its commercial division and standardised ways of working across its regions.

This includes the creation of six new director roles reporting directly to Hutchings.

His appointment comes as group commercial officer John Knevett and London commercial director Nicholas Yeeles both announced they will leave the group in 2018 after almost 50 years’ combined service.

A2Dominion, which recently recorded a surplus of £84m and revenue of £372m, now aims to have more than 40,000 homes in ownership and management by 2020 and 45,000 homes by 2025.

It will build around 40% for private sale and 60% for both private rent and affordable products, including affordable rent and shared ownership.

Darrell Mercer, Group Chief Executive, said: “This is an exciting time for A2Dominion as our ambition is to develop 1,500 new homes each year by 2020.”

Last year, the group started work on 868 new homes and now has more than almost 37,000 homes in management across London and southern England.

A2Dominion’s development programme

  • Significant growth to its private rent portfolio, with 1,000 homes now in management and a commitment to delivering 500 more over the next two years.
  • Joint venture partnerships with other major house builders:

–      Queen’s Wharf in Hammersmith and Keybridge in Vauxhall with Mount Anvil

–      Jigsaw, a major regeneration project in West Ealing with Rydon

–      Walton Court in Walton-on-Thames with Crest Nicholson

–       Elmsbrook (phases 3 and 4) in NW Bicester, the Group’s second joint venture with Crest Nicholson.

 

  • Securing planning permission for a number of new sites:

–      265 homes planned for Knowle Park in Cranleigh;

–      164 new homes to be delivered at West End Lane in Camden;

–      128 new homes as part of a major regeneration development in Bristol called Redcliff Quarter; and

–      78 units for student accommodation at Reliance Way in Oxford.

Latest news

Early bond release key to averting industry surety crisis

Contractors must put pressure on clients to release bonds promptly
2 days ago

Over 1000 building safety cladding retrofits completed

25% of safety retrofits finished seven years after Grenfell disaster
2 days ago

Steel import delays make Rangers miss kick-off

Construction work at Ibrox will not be finished by start of next season
2 days ago

Lidl looking for new contractors for store building plans

Sign up for events in Newcastle, Glasgow, Birmingham and Southampton
2 days ago

Utility firm GTC revs up for ground source heat pump era

Contractor and heat pump maker strikes ground-breaking deal
2 days ago

Amey switches kit supplier to Speedy from HSS

New plant and equipment hire deal worth £25m a year
3 days ago

Clients under spotlight after bond bombshell

Contractors call for action to avoid project delays
3 days ago

M&E specialist Lorne Stewart falls into the red

Parent group suffers £2.8m loss in face of cost inflation and insolvencies
3 days ago

Four men rushed to hospital after site accident

Eye-witnesses report a wall was knocked over on Edinburgh site
3 days ago

World’s tallest scissor lift set for UK sites

Hire Safe Solutions partners with Dingli to supply lift with working height of 37 metres
3 days ago

Barhale wins £36m East London sewer remediation

Northern Outfall Sewer in West Ham runs above railway lines in the city
3 days ago

Weston Homes thumbs-up for £220m Essex homes scheme

Colchester 600-home Viridis scheme gains outline consent
3 days ago

Balfour seals £192m deal for trio of Scottish substations

Work to start this summer to enhance electrical transmission in Argyll
4 days ago

Construction bond bombshell as major player quits market

QBE currently provides cover for 20 of the industry's 30 biggest contractors
4 days ago

United Utilities names another 18 winners for £2.7bn water spend

Water giant cuts out large management contractors in latest spending round
4 days ago

Green light for £130m Dundee Eden project

Former gasholder site to be transformed into green house
4 days ago

Four tower scheme in Glasgow gets green light

Go-ahead for major mixed-use scheme at Central Quay
4 days ago

‘Green collar’ construction workers earning £134,000

Cost consultant T&T says insulation and heat pump trades earning £70 an hour in London
4 days ago

£65m Trafford Waters resi blocks approved

X1 Developments plans over 200 homes in 13- and 8-storey blocks
4 days ago

Over 100 firms win £1.5bn ICN housing framework

Great Places Housing Group names key partners for new homes programme
5 days ago

Steelwork firm went down owing £4.5m to suppliers

Subcontractors left holding unpaid invoices from SH Structures
5 days ago

Scottish civils firm to buy stake in piling specialist

Advance Construction in talks for 25% stake in Northern Piling Ltd
5 days ago

RSK secures £500m for fresh acquisitions spree

Acquisitive group aims to buy another 200 businesses by 2030
5 days ago

Beal Homes gets green light for £105m Humber scheme

Work to start on more than 500 homes in North East Lincolnshire
5 days ago

RED wins £20m East London office refurb

Grade II listed Victorian building to be upgraded to Cat A offices
5 days ago

Employee-owned Neilcott staff share £250,000 payout

Employee-owned building contractor sales jump 38% to £139m
6 days ago

Geoffrey Osborne supply chain hit for £26m

More than 500 suppliers and subcontractors left holding unpaid bills
1 week ago

Race for £800m South West Wales framework

Up to 16 firms face fight to renew spots on regional contractors framework
6 days ago

SME contractors agree 4% pay rise for site workers

Workers will also get an extra day of holiday
1 week ago

South East expansion paying off for Meldrum Group

Turnover up to £55m as North East based contractor expands national coverage
6 days ago

Contractor services