A development of around 200 modern apartments on a brownfield site in the centre of Chelmsford is due to open in early 2020.
Bellway is launching the scheme – to be called The Exchange – on the former Royal Mail depot site on Victoria Road in the city.
The housebuilder plans to build one- and two-bedroom apartments within blocks between three and five storeys high to regenerate the derelict site. The development will include a landscaped urban piazza and a pocket park.
Bellway Essex Head of Sales, Jenny Walker, said: “This will be a great opportunity for us to continue the regeneration of Chelmsford using brownfield land, following on from the success of our current Marconi Evolution site in the city. The Exchange is brilliantly situated right in the centre of Chelmsford and we’re all looking forward to providing much-needed homes in the city and making it a high-quality place to live.”
It is planned that the first plots will be released for sale in early 2020.