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| Herefordshire Council’s Cabinet Member for Contracts and Assets, Harry Bramer and Keepmoat Homes Chief Operating Officer, Peter Hindley shake hands on the City Link Road. |
deliver ambitious housing and growth plans for Hereford City and the wider county.
The agreement, which will span over a ten year period, will see Keepmoat developing
sites along the City Link Road, and sites in the market towns over the next two years, with
further development planned over further years.
The Keepmoat Ltd bid was submitted in conjunction with a number of partner
organisations including Keepmoat Regeneration Engie, WMs Housing, Herefordshire
Housing Ltd and City Heart.
Councillor Harry Bramer, cabinet member contracts and assets said:
“The partnership will go much further than the delivery of new homes. It will also promote
economic growth across the county through a number of initiatives including developing a
strong local supply chain with at least 50 percent of suppliers and contractors coming
from within Herefordshire.
The council will also retain its ability to raise capital from the council’s land holdings,
whilst controlling the nature, speed and character of the county’s development.
Keepmoat will provide support for local businesses, third sector groups and the
community as well as improving skills and educational attainment through training and
apprenticeships. This, in turn will enable the development of new economic activity to
address the problem of low wages in the county.”
Peter Hindley, CEO of Keepmoat Homes, added:
“We’re excited at the prospect of working with Herefordshire Council over the next 10
years, or more, to deliver much needed high quality new homes across the county.
We are also committed to a significant Community Investment programme, including
sourcing local talent and creating opportunities for employment and training for local
people.
This is a perfect example of how our business model of working in close partnership with local authorities, housing associations and other delivery partners can accelerate home building and improve local communities.”
The partnership is to launch a programme of wider regeneration initiatives in March 2018 with the first new homes expected to be delivered early in summer 2019.
BN note: HFC chairman Ken Kinnersley mentioned Keepmoat during the Club AGM last Monday.
"People know the
Blackfriars is a potential redevelopment site which is in the hands of
the Council with their preferred development partner Keepmoat," said Kinnersley.
"We are in constant communication with both Keepmoat and the Council over the Blackfriars End.