Construction UK Construction Directory
Time and date
CONSTRUCTION DIRECTORY
Share this page
Construction News
30/06/2015

Orbit Reveals Plans For New Homes

Construction News Image
Orbit Homes has announced a leading development programme after unveiling plans for almost 8,500 new homes between 2015-2020.

A survey of top housing association (HA) developers shows Orbit Homes having the second largest development programme between 2015-2020.

The company has planned to build 8,418 homes in that period, with land already secured for over 4,000 of these properties.

The HA, part of the 38,000 home Orbit Group, will develop 5,283 homes in 2015-2018 and 3,135 in 2018-2020, as it increases capacity to achieve 12,000 new homes by 2020.

The survey also shows the developer has the third largest affordable housing pipeline for 2015-2016, with over 1,500 due for completion.

-- Advertisement --
hss

This has seen the company move from tenth place last year.

For 2014-2015, the company is placed as the fourth largest HA developer with 1,593 homes completed, establishing itself as one of the biggest HA developers based outside London.

With the second largest government-backed programme of affordable housing development of any HA and a new £250 million public bond supporting land acquisition and development plans, Orbit states it expects to exceed its 2020 homes target considerably.

Executive Director, Paul High, said: "We have seen our development programme continue to grow over the last 12 months and this is reflected in our position nationally increasing for the number of homes completed and in the pipeline.

"We have completed the fourth highest number of homes in 2014-2015 and we have the third largest pipeline of new homes across all tenures.

"Meeting these targets will be no simple task but having already secured land for half of the homes in the pipeline up to 2020, and our strong funding streams, we are confident of meeting our targets.

"The results of this survey demonstrate that Orbit Homes is a major player when it comes to development and tackling the UK housing shortage."

(LM)

Latest Construction News

18/04/2024

Maple Grove Developments, part of the Eric Wright Group, in collaboration with Onward Homes, has been granted planning permission to develop a new 57,000 sq ft mixed-use development in Hattersley. The proposals were approved by Tameside Metropolitan Borough Council (TMBC). TMBC has given approval ...
18/04/2024

Sir Robert McAlpinehas been appointed to deliver 2 Finsbury Avenue (2FA), a dual high-rise, mixed-use building located in the heart of Broadgate. The firm was selected by the Broadgate joint venture, between British Land and GIC. Sitting at a height of 170 metres and due to be completed in 2027, ...
18/04/2024

Delancey has put forward plans to transform a brownfield site in Islington into a GIA science and technology building with world-class laboratory and research space. Situated in London's growing Knowledge Quarter and Innovation District, the proposals for the site at 176-178 York Way include ...
18/04/2024

Compass Protection Manufacturing are specialist manufacturers of safety products. Our goods can offer their users proven protection for people and structures from moving vehicles. In addition, we have fencing solutions. They can supply edge protection from voids and falling ground. We have been ...
18/04/2024

Lostock Skip Hire has acquired four new Renault Trucks, the first to join the 30-strong fleet. Two C440 8x4, one D12 Low 4x2 and one D18 High 4x2 will operate out of Lostock Skip Hire's base in Horwich, Bolton and its satellite depot in Leyland, delivering and collecting skips from a mixture of ...
18/04/2024

The team at Mr Plant Hire (MPH) is celebrating following victories at the prestigious Hire Awards of Excellence. The recent ceremony, held at London’s Grosvenor House and hosted by comedian Lucy Porter, marked the most important annual gathering of key players in the UK's plant, tool, equipment ...
18/04/2024

A new community space and environmentally-friendly garden is to be developed in South Lopham after Breckland Council agreed to transfer a parcel of land to the parish council. The land, on Norton Road, will be used by the parish council to create a new space for local residents to enjoy. The ...
18/04/2024

HS2 has started foundation works for a key bridge that will take a major A road over the new high-speed railway just outside Brackley. The A43 – which links Oxford, Brackley and Northampton – is a vital route, providing access to Silverstone and connections between the M40 and M1. Just two ...
18/04/2024

Despite high hopes and confident anticipation, the recent Hire Awards of Excellence left Multi-Hire with mixed emotions. With four nominations across three prestigious categories, the team at Multi-Hire entered the event with the expectation of securing at least one award. In the highly ...
18/04/2024

Anglesey Mining has appointed Robert Marsden as its new Chief Executive Officer with effect from 01 May. Rob is a Mining Engineer with 29 years of international experience. Upon graduation from the Camborne School of Mines in 1995 he joined Rio Tinto plc and over the next 18 years held several ...
Think Construction Skills Ltd.Lakeside HireAqua Direct LtdJWCScotdeck LtdTanks For Everything LtdBarrier MartCompass Protection Manufacturing LimitedContainexNo Hydro
Terms and Conditions
2024/04/19 08:08:30