South Oxhey and Satellite Sites – Phase 1A
Location:
South Oxhey Estate, Watford
Client:
Home Group Limited
Our Services:
Joint Venture Supervisor, Employer’s Agent
Accommodation created:
48 affordable rented units, 21 affordable shared ownership units and 71 private sale units
Contract value:
£28.4 million
Contract period:
2 years 1 month
Contract type:
Development Agreement, Construction Management Agreement & Affordable Housing Agreement
Home Group Developments Limited and Countryside Properties (UK) Limited entered into a Joint Venture for the delivery of the South Oxhey Initiative in December 2015, following the Award of the bid by Three Rivers District Council.
The South Oxhey Initiative will deliver 514 units (including 117 Affordable Homes) and approximately 55,000 sq ft of retail space. The regeneration will take an estimated seven years to deliver, with Home Group responsible for managing the Estate for the Leasehold duration.
Phase 1A comprised the Design and Construction of 48 affordable rented units, 21 affordable shared ownership units and 71 private sale units (Blocks E, F, G, & G1) and Satellite Sites Hallowes Crescent, Maylands Road and Hayling Road.