Avant Homes has acquired a 17-acre parcel of land to build a £60m development of 192 new homes.
This will be the first phase of homes of a regeneration scheme near Leeds called Skelton Gate.
Joint venture Templegate Developments, between Evans Property Group and Keyland Developments, has masterplanned Skelton Gate, which is being created on a former open-cast colliery in the Leeds Aire Valley, just off Pontefract Lane in Skelton Lane. It should eventually deliver 1,800 new homes.
The Wakefield-based house builder Avant Homes is planning to provide a mix of two, three, four and five-bedroom homes. Of the 192, 15% will be affordable.
The developer, which had a £3m pre-tax loss in the year to April 2021, has also committed to a community contribution of more than £1.1m to support local primary education provision, public transport and infrastructure.
Avant Homes Yorkshire managing director Alastair Hart said: “This is an incredibly exciting development for us, and will support the demand for regeneration and the delivery of much-need homes in this area of Leeds.”
If it is given planning permission, groundworks should begin this autumn with the first homes expected to be ready for occupation by spring next year.
The Skelton Gate development is the second Leeds-based acquisition for Avant Homes in recent weeks after the housebuilder announced the purchase of a 14.7-acre site in Carlton, near Rothwell, which is expected to deliver 129 new homes. It also has a site of 172 homes under construction in nearby Micklefield.
The group currently has 57 developments across its five operating regions, 10 of which are under construction in Yorkshire stretching from Glasshoughton in West Yorkshire to Waverley in the south of the region.
Source : Housing Today