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 Ltd and Countryside Properties (UK) Ltd 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 delivered 514 units (including 117 Affordable Homes) and approximately 55,000ft2 of retail space. The regeneration took 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 at Phase 1A (Blocks E, F, G, & G1) and Satellite Sites Hallowes Crescent, Maylands Road and Hayling Road.

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