Work to begin on 783 homes at Cambourne West - and developer will contribute more than £40m for community
Building work on 783 homes for the first phase of Cambourne West will begin in February.
Bovis Homes has confirmed a new joint venture with a housing association for the £240million development.
It will work with Metropolitan Thames Valley Housing (MTVH) at the site, where 70 per cent of homes will be private units, ranging from one to five-bedroom properties, and 30 per cent will be affordable housing.
The 235 affordable homes will feature both shared ownership and affordable rent schemes.
Bovis Homes will contribute almost £40m towards education as part of its section 106 financial contributions.
This will pay for the expansion of Cambourne Village College – rated ‘outstanding’ at its last inspection in 2015 by Ofsted – along with two new primary schools.
The housebuilder confirmed to the Cambridge Independent that it will also contribute £3.2m towards highway improvements and is pledging to build a landscape-led, sustainable environment.
John Lougher, strategic land managing director at Bovis Homes, said: “We are delighted to announce the joint venture with MTVH to deliver much-needed homes in the area and look forward to working closely with them.
“Local house hunters, whether they are looking at the private market or through a well-respected affordable housing provider, will benefit from a wide range of stunning homes within a popular, easy-to-reach location.
“The range of housing on offer – from one-bed apartments to five-bed houses – means the development will appeal to a wide range of people at different stages of their lives, creating a real sense of community.
“Building by the established new settlement of Cambourne, the area will become a flagship development over the next decade, demonstrating our commitment to housebuilding across the region while also boosting investment and jobs in the area.”
It represents the first of three phases at Cambourne West, , which was granted outline planning permission in January 2017 and will eventually comprise up to 2,350 homes, on land near to the village college.
Developed from east to west, three new neighbourhoods are due to be built, called Sheepfold, Swansley Park and Woodfield.
This first phase will complete Sheepfold and begin Swansley Park.
A consultation earlier this year heard that new roads, two play areas, a local centre with shops and a small business/employment area are also expected to be created in this initial phase of development, and new woodland and meadows are promised.
Cambourne – now a town comprising three villages – now features around 4,000 homes.
Richard Evans, development director - innovations and partnerships, at MTVH, said: “We’re really pleased to be partnering with Bovis Homes to deliver homes at Cambourne West, as we continue MTVH’s commitment to delivering excellent quality housing and services in Cambridgeshire.
“MTVH is about more than building homes, we also build and invest in people and communities for the long term too. This new joint venture with Bovis Homes gives us a fantastic opportunity to do this at scale, ultimately helping more people.”
Bovis said the properties will be from its new collection, launched earlier this year, which features 28 house types. The specification includes adaptability for disabled people, including wider corridors and doors, as well as higher ceilings and an increase in square footage of homes by reducing the number of bay windows.
Designed with open-plan living areas, Bovis said the range also offers improved build efficiency and a reduction in costs.
MTVH manages or administers 57,000 homes across London, the South East, East Midlands and East of England. It was formed in October 2018 when Metropolitan and Thames Valley Housing joined forces.