The partnership marks Cardiff Council’s second housing initiative, following the success of its Cardiff Living scheme delivered by Wates. This new programme is part of the Council’s broader development strategy to construct over 4,000 new homes in the city, including a minimum of 2,800 new council homes. Reports Contract Journal
Similarly, the Vale of Glamorgan Council has launched an ambitious house-building plan, committing £920 million to develop new council homes over the next three decades. Through its partnership with Lovell, the Council aims to deliver at least 880 new homes.
This collaboration stems from the two local authorities’ dedication to addressing current housing pressures by constructing at least 2,260 new homes within the next decade.
Lovell was chosen through a joint procurement process managed by Savills Housing Development & Regeneration and Cardiff Development teams. The company will be responsible for building the new homes, with at least half designated as affordable housing. These properties will be retained by the Councils for social rent or shared ownership schemes, while the remaining homes will be available for sale on the open market.
James Duffett, Lovell managing director for South Wales said: “Lovell’s regional team have been based in Cardiff for over 40 years.
“It is our home, and we can see that the need for more homes, and more affordable homes, for local people is growing all the time.
“That is why we are delighted to be selected by Cardiff and Vale of Glamorgan Councils as their partner for this ambitious and transformational programme. This is not only the chance to deliver those homes, but also for employment and skills, economic investment and opportunities for young people – and we can’t wait to get started.”