Countryside Partnerships, part of the Vistry Group, has received final planning approvals and signed forward sale agreements with two partners to enable the creation of 217 new homes at Station Island, part of Wellingborough’s Stanton Cross development.
The plans will see Countryside partner with registered housing provider Stonewater to deliver 128 as affordable homes, which Stonewater will own and manage. Whilst a further 89 homes for private rental will be created on a separate area of land as part of the same scheme and will be owned and managed by build-to-rent provider, Sigma, and taken to market under its Simple Life Homes brand following a further forward-sale agreement.
Andy Reynolds, Managing Director of Countryside Partnerships South East Midlands, said: “With the final planning consents in place and our partners lined up, we’re ready to turn plans into reality, delivering 217 mixed-tenure new homes for the local community.
“Working in partnership, we can make a significant contribution to the area’s affordable housing provision, whilst turning a previously disused area of brownfield land into another important and exciting milestone on the Stanton Cross journey. We’re looking forward to getting underway.”
The homes will form part of a new community which is already well-established at Stanton Cross. As a whole, this new flagship neighbourhood, which is situated next to Wellingborough train station, will offer 3,650 new homes alongside leisure and community facilities, shops, offices, a newly opened primary school, along with a 115-acre Town and Country Park.
Jason Berry, Regional MD at Sigma, said: “We’re thrilled to be working with our longstanding partner housebuilder, Countryside Partnerships on yet another development which marks a new area of our build to rent brand, Simple Life Homes. With over 5,500 properties across the UK already, we’re delighted to be offering further local people a high-quality, new-build rental option, teamed with a professional service throughout their tenancy.”
The site is responsible for creating more than 3,000 jobs and will drive more than £1bn of investment into the area.
