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Business news 18/10/2024

Work starts to deliver three major affordable housing sites across the North West

MCI Developments, a subsidiary of the national top 10 housebuilder, Keepmoat, is celebrating the start on site at three developments in Greater Manchester and Lancashire, which will deliver 84 affordable homes across the region. 

When complete the homes in Oswaldtwistle, Leigh and Tyldesley will be made available through housing associations Places for People, Your Housing Group and Torus, representing a multi-million pound investment into the regeneration of the North West.

In Oswaldtwistle the developer is regenerating abandoned and derelict land, formerly home to Ryddings Mill. The site will be transformed into a 37-home development available for affordable rent in partnership with Places for People. MCI Developments will create 27 semi-detached and mews properties, consisting of two and three-bedroom homes, and 10 semi-detached town houses.

The developer has also started work with Torus on a site in Shakerley Road, Tyldesley, unlocking another important piece of land in the North West. MCI Developments will transform the 2.4 acre site into 37 affordable homes which will be managed by Torus.

In Leigh, 10 additional homes will be delivered on MCI Developments’s joint venture at Waterside Point with Your Housing Group. The additional plots make use of derelict brownfield land with the site formerly home to a closed nightclub and gym. The scheme will deliver a mix of one bedroom flats, two- and three bedroom homes.

Craig Murphy, Regional Managing Director at MCI Developments, said: “The team is delighted to be regenerating these derelict sites across Lancashire and Greater Manchester to enable local housing associations to deliver much needed, high-quality affordable new homes which will bring significant investment to the county.

“Across these sites we are making a significant investment into creating fantastic communities, improving biodiversity and upgrading frequently used public footpaths. We’re proud to stand alongside our partners to mark the beginning of our delivery of new developments.”

 

 

Nilam Buchanan, Regional Managing Director, Central and North at Places for People added: “At Places for People, we are committed to bringing forward housing that meets the needs of local people. This site on the grounds of the former Rhyddings Mill gives us the opportunity to provide much needed affordable new homes in a once derelict part of Oswaldtwistle. 

“Where we can, we will deliver on a brownfield first approach, and work in partnerships to deliver thriving communities. We look forward to seeing this development progress and to welcome our new customers in Summer 2025.” 

Managing Director at Torus Developments, Chris Bowen, said: “This is part of the growing portfolio of homes we are building in Wigan and more widely across the North West in general.

“Situated in a popular location, these modern and desirable properties will help meet demand for high-quality affordable housing in the area, giving more people a chance to enjoy having homes.”

Lorraine Donnelly, Director of Development at Your Housing Group commented: “These extra plots at the Waterside Point site in Leigh, which all offer shared ownership, will be a welcome addition to the development bringing the total number of properties available to 236. This relationship with MCI underlines our ongoing commitment to delivering more people a safe place to call home.”

To learn more about MCI Developments, visit the website here