Hill unveils £60m second phase plans for new apartments at the North West Cambridge Development
Hill has unveiled plans for 107 new apartments as part of the North West Cambridge Development by the University of Cambridge that will in total create 3,000 new homes.
Valued at over £60 million, the project is another major milestone for Hill, who received planning approval to build the first 240 new homes at the North West Cambridge Development in November 2015.
North West Cambridge is currently one of the largest residential developments in the City of Cambridge and will see the creation of a new community of 3,000 homes with a new primary school sponsored by the University, doctor’s surgery, a supermarket and a hotel, alongside university research buildings and student accommodation.
Located on the site’s main thoroughfare, Eddington Avenue, the new development is adjacent to the Market Square and Community Square.
Andy Hill, Chief Executive of Hill, said: “This is a very exciting time for Cambridge, which is a growth city with a strong economic base and great prospects. Demand for high quality new homes is high but the city is taking control of its future, making every effort to create the new homes and infrastructure that local people need.
“This is our second phase at the North West Cambridge Development, which will be a dynamic and vibrant new community. We are looking forward to working with the University to help shape its future, where our plans for Eddington Avenue will create a real landmark for the site.”
Commercial Director of the North West Cambridge Development, Brian Nearney said: “The North West Cambridge Development will contribute to the long-term success of the City and the University. The partnership working amongst the University team with the local authorities and developers, alongside the commendation from industry professionals, is a positive endorsement that the project will deliver real benefit for the good of our community.”
A planning application for the Eddington Avenue site will be submitted later this year, with construction expected to start in summer 2017. The development will be overseen by Hill’s new Regional Director David Eardley, who was appointed by the company in December 2015 to oversee the housebuilder’s major residential projects.
Construction of the first new homes at North West Cambridge will start in spring 2016, with properties available for private sale from early 2017.