The consortium Evolution Gateshead will form a regeneration partnership with Gateshead Council to build 2,400 homes for affordable tenures and private sale together with community facilities across 19 sites in Gateshead.
All homes are to achieve Level 4 of the Code for Sustainable Homes and will exceed Homes & Communities Agency space standards. Work is due to start following financial close later this year with the development programme phased to complete by 2026.
"I am delighted that Galliford Try will be working with Gateshead Council on the transformation of communities across Gateshead,” said Galliford Try chief executive Greg Fitzgerald. “We look forward to using our expertise in creating quality, sustainable housing on one of the UK's largest regeneration projects."
Home Group chief executive, Mark Henderson added: "We want to build outstanding homes and flourishing communities to transform Gateshead and we've commissioned world-leading architects designing to the highest environmental standards. Our financial strength and local presence put us in a unique position to deliver."
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