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08/04/2016

Keepmoat And Strata Secure £142m Leeds Housing Scheme

Keepmoat and Strata have secured a £142 million contract which will see 1,000 new homes developed in Leeds.

Working in partnership with the city council, the two companies will redevelop 13 sites of brownfield land in the Seacroft, Halton Moor and Osmandthorpe regions.

The project aims to deliver 'affordable' homes and create employment/training opportunities for local people over the next eight years.

As a major landowner, the council has committed to ensuring development takes place on brownfield land. Around 70% of all new homes are being delivered on brownfield sites in Leeds.

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Ian Hoad, operations director for Keepmoat in Yorkshire, said: "With 95% of our developments built on brownfield land we are perfectly placed to deliver this scheme and we're thrilled to have been selected as chosen developer alongside Strata.

"Working in partnership with Strata will allow us to accelerate the delivery of these new homes, with the target of achieving 150 properties per annum.

"We aren't just taking one development in one part of the region.  We are completely overhauling three neighbourhoods and potentially putting nearly 1000 people in the region on the property ladder."

Cllr Richard Lewis added: "With a clear focus on redeveloping brownfield land first we can lead the way in ensuring important new housing in Leeds is delivered."

(LM)

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