Grosvenor Britain & Ireland has announced a new partnership to deliver around 5,000 homes to the east of Chelmsford.
Working with the landowner Hammonds Estates LLP acting as a master developer, Grosvenor has announced it will promote the 1,160 acre site as a new community featuring a mix of residential tenures set within a high-quality environment. The site will be supported by amenities and community facilities such as education, leisure and health spaces.
In 2018, Grosvenor outlined plans to triple the size of its Strategic Land business, targeting a portfolio of at least 30,000 homes within the next five years. The new partnership aligns with Grosvenor’s focus on sites capable of hosting 2,000-5,000+ homes, principally in areas of economic growth where housing need is most acute.
Alex Robinson, Director of Development, Strategic Land, Grosvenor Britain & Ireland, said: “This new partnership exemplifies our target model for our Strategic Land business. Working with Hammonds Estates LLP – as with our existing partners on our other schemes – we will focus both on delivering new homes at pace, and creating exceptional communities that create a positive legacy for residents and landowners alike.”
With the addition of Hammonds Farm, Grosvenor’s pipeline stands at circa 15,000 homes, up from 2,100 in summer 2017.
Matthew Lynwood, Development Manager at Hammonds Estates LLP said: “Our vision is to establish a different model for development. Working with Grosvenor, we want to challenge and innovate – shaping a sustainable and inclusive new community which goes beyond just delivering new homes, but which offers inspiration and opportunities not available elsewhere for all sections of the community that live and work there.”