Award-winning housebuilder Crest Nicholson announces it has signed the latest development agreement with Homes England to deliver the next two phases of Centenary Quay, its flagship regeneration scheme in Southampton.
The new additions to the £500m development include a 27-storey tower consisting 165 apartments, and the construction of 103 new low-rise homes made up of apartments and houses.
As part of Crest Nicholson’s commitment to ensuring that 25% of homes at Centenary Quay are affordable housing, 46 of the homes in these two new phases will be shared-ownership properties. Leading Housing Providers Radian and Sovereign will be delivering the properties.
Over 850 apartments and homes have already been completed to date and the next phases take the development a step closer to the 1,620 homes that will complete Centenary Quay.
As part of construction of these two new phases, the existing public riverside walkway will be extended. New public amenity spaces will also be constructed, including a play space, for children of a variety of ages to enjoy. Ecological works are also an integral part of enhancement to public spaces within Centenary Quay, and some of these enhancements include the planting of biodiverse shrubs and flowering lawns.
Scott Black, Managing Director at Crest Nicholson Regeneration, said: “Centenary Quay is a hugely successful regeneration scheme, with the development already flourishing into a new vibrant community. Our landmark £500m regeneration of Woolston Waterside has breathed new life into a previously derelict area of Southampton.
“Centenary Quay has not only delivered much needed private affordable and rental homes for local people, it has also positively impacted the local economy through direct and indirect employment. Crest Nicholson is continuing to invest in Centenary Quay and I look forward to seeing the scheme progress and our partnership with Homes England grow.”
Stephen Kinsella, Executive Director for Land at Homes England commented: “This new phase of development will create one of the tallest residential buildings in the city and really make the most of the waterfront presence of Centenary Quay.
“We’re committed to the growth of a new, sustainable community for people in Southampton and this latest stage of development will provide homes with good access to new employment and leisure opportunities.”
Steve Taylor, Head of Land and Planning at Radian, added: “We’re delighted to be working in partnership with Crest Nicholson, Homes England and Sovereign to deliver much needed affordable homes in Woolston. Affordable homes are something that we are committed to providing across the south and we are proud to be creating this new and exciting community.”
Jayne Spencer, Project Manager at Sovereign, said: “The regeneration at Centenary Quay continues to transform this area of Southampton; providing quality homes, jobs and a great place for a new community put down roots. Working with Crest Nicholson, Homes England and Radian, we’re excited that 46 quality new affordable homes will soon be on the way, available for shared ownership, at this landmark development.”