Crest Nicholson and A2 Dominion unveil £80 million Eco-home joint venture

Crest Nicholson and A2 Dominion unveil £80 million Eco-home joint venture

Crest Nicholson and A2Dominion are set to deliver 232 new Eco-homes as part of the existing Elmsbrook development in Bicester.

Developers Crest Nicholson and A2 Dominion have unveiled plans for their latest joint venture partnership, an £80 million residential scheme that is a continuation of A2 Dominion’s existing Elmsbrook Eco-Town development in the North West of Bicester.

The strategic partnership between the developers is set to deliver 232, two, three, four and five bedroom Eco-homes over the 25-acre site as part of the exemplar phases of the Elmsbrook development. 30% of the new homes will be reserved for affordable housing, while the remaining homes will be available for private ownership.

The Elmsbrook development offers purchasers eco-efficient properties and sustainable community living. All homes developed by the joint-venture will include rain water harvesting systems, electric car charging points, in home digital information systems and solar panels and will be heated by a district heating plant.

Construction for the next phase is due to begin on-site in Spring 2018, with the first residents moving in to their new homes in Spring / Summer 2019. In total, the joint-venture project is estimated to last four years, with a final completion date of Spring / Summer 2022.

Nick Hutchings, Executive Director (Commercial) at A2Dominion, commented: “We are looking forward to developing our partnership with Crest Nicholson to create places where sustainable living and design innovation is a high priority. With more and more demands on environmental issues, our collaborative and forward-thinking approach will be key to offering sustainable living and greener futures.”

Chris Tinker, Main Board Director at Crest Nicholson, commented: “We are excited to be working together with A2 Dominion to deliver this important new community in Bicester. The creation of eco-friendly, energy efficient housing is a key pillar of our commitment to sustainability and the Elmsbrook site has been carefully planned to offer all the benefits of contemporary sustainable living.”

www.crestnicholson.com

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