Homes England, Keepmoat and Capital & Centric have signed an agreement to deliver a mixed-use neighbourhood in Northstowe, near Cambridge.
The 30-year masterplan comprises 3,000 new homes, 50% of which will be affordable with both rental and ownership options.
The proposals will see a new town centre with up to 538,195 sq ft of commercial floorspace, including shops, workspace and community facilities.
Homes England has already delivered roads, public transport routes, cycle ways, green spaces and schools to support the development of the scheme. The agency will be master developer on the final two phases.
Capital & Centric will be responsible for the design and delivery of the town centre. It will also set out plans for a mix of contemporary flats and suburban homes.
Keepmoat will oversee the delivery of multi-tenure homes close to the town centre. The developer already has a 300-home development in Northstowe called Stirling Fields, which is set for completion in 2027.
Matthew Pennycook, minister for housing and planning, said: “For far too long we have seen large-scale housing projects stuck in the planning system and that is why we will create a new task force to accelerate these stalled sites.
“This includes giving Homes England the tools they need to deliver the next phase in Northstowe town centre so we can build the quality homes that this local community desperately needs.”
Peter Freeman, chair at Homes England, added: “This collaboration with Keepmoat and Capital & Centric will allow us to further our investment in supporting the local community, helping to create new, quality, affordable housing and ensuring this emerging town is a vibrant place to live.”
Residential planning in Cambridgeshire >>
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