Work has started on a new affordable housing development off Moor Lane in Crosby, delivered by The Sovini Group’s commercial supply chain for One Vision Housing.
Located in the heart of Crosby Village, the development is set to support local people onto the property ladder with 72 Rent to Buy apartments. Four commercial units will also be available for businesses to lease.
The development, named Moorside Place, is being delivered as part of the Group’s development framework, which aims to build a better future through the creation of over 1,000 high quality, affordable homes across the next five years.
Through One Vision Housing’s Rent to Buy scheme, residents will benefit from affordable rent, priced at around 20% less than the market rent, enabling them to save towards a deposit and buy the apartment they live in through Shared Ownership or an outright purchase.
Ian Mitchell, Managing Director of Housing said: “We are thrilled to announce the latest project within our ambitious development framework, delivered in partnership with our fellow [The Sovini] Group members.”
He added: “We recognise our impact on the social and economic development of the areas we work in. Through the development’s commercial units we hope to create opportunities and change lives through employment prospects, helping to create a better future for the community and to further establish Crosby’s destination appeal.”
Built on brownfield land by Sovini Construction and the Group’s commercial supply chain, the construction process will take a fabric first approach in order to prioritise sustainability and energy efficiency.
James Flannery, Director of Construction and Land commented: “We are excited to have broken ground on our latest development for One Vision Housing. With the support of our commercial supply chain, we look forward to delivering high quality homes and commercial spaces, designed to help end users reduce energy consumption and running costs – supporting on our [The Sovini] Group’s net-zero carbon commitment. We pride ourselves on offering more than just bricks and mortar, and pledge to deliver a range of economic, environmental, and social value measures to positively impact the communities surrounding all our schemes.”
The scheme is scheduled for completion in 2025 and early registration is now open.