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.

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