Crest Nicholson has signed its latest development agreement with Homes England to deliver the next two phases of Centenary Quay, its flagship regeneration scheme in Southampton.
The new additions to the £500m development include a 27-storey tower consisting 165 apartments and the construction of 103 new low-rise homes made up of apartments and houses. 25 per cent of homes at Centenary Quay are affordable housing, 46 of the homes in these two new phases will be shared-ownership properties. Leading Housing Providers Radian and Sovereign will be delivering the properties.
Over 850 apartments and homes have already been completed to date and the next phases take the development a step closer to the 1,620 homes to complete Centenary Quay.
Scott Black, Managing Director, said, “Centenary Quay has not only delivered much needed private affordable and rental homes for local people, it has also positively impacted the local economy through direct and indirect employment. Crest Nicholson is continuing to invest in Centenary Quay and I look forward to seeing the scheme progress and our partnership with Homes England grow.”