Vistry Group PLC Countryside to deliver major Bristol development
24 May 2023 - 5:00PM
RNS Non-Regulatory
TIDMVTY
Vistry Group PLC
24 May 2023
24 May 2023
Vistry Group PLC
Countryside Partnerships to deliver major development in
Bristol
Vistry Group PLC is pleased to announce its Partnerships
division, Countryside Partnerships, has been selected as preferred
partner for a 50/50 joint venture with Goram Homes, Bristol City
Council's housing company, to develop 1,400 new homes at Hengrove
Park. At least 50 per cent of the homes will be affordable.
There are currently more than 4,000 households on the housing
register in South Bristol, and construction work is expected to
commence in 2024, once Reserved Matters planning permission is
granted.
The development will transform part of the existing parkland
into a 22-hectare public park, including play areas, a sports
pavilion, and a new community space. Goram Homes will also work
with Countryside Partnerships and neighbouring South Bristol Skills
College to provide on-site training to the construction stars of
the future. A new energy centre containing air source heat pumps
will also be developed, connecting the new homes and surrounding
businesses to low carbon heating and hot water through a district
heating network, managed by City Leap.
Vistry Group Chief Executive, Greg Fitzgerald, said: "Hengrove
Park is a once-in-a-generation development opportunity for Bristol.
It is a fantastic example of the strengths and capabilities of our
business - by working in partnership with Goram Homes, we can now
provide mixed-tenure homes at scale and transform this brownfield
site into a thriving new neighbourhood."
Ends
For further information please contact:
Vistry Group PLC
Tim Lawlor, Chief Financial Officer 01675 437160
Susie Bell, Group Investor Relations
Director
Powerscourt 020 7250 1446
Justin Griffiths, Nick Dibden, Victoria vistry@powerscourt-group.com
Heslop
Vistry Group
Vistry Group is one of the leading housebuilders in the country
and delivers thousands of homes every year for both the private and
affordable market places. We are a young and dynamic business, with
successful Housebuilding and Partnerships divisions, and an
exciting manufacturing operation called Vistry Works. The Group was
formed in 2020 and the integration of Countryside Partnerships into
the Vistry family in November 2022, has made us the biggest
provider of affordable homes in the UK. The Vistry Group has an
unmatched portfolio of brands, each with a rich history and strong
reputation, and includes Linden Homes, Bovis Homes and Countryside
Homes.
The Group has been awarded the 5 Star Rating by the Home
Builders Federation following the latest home building industry's
Customer Satisfaction Survey. For more information go to
www.vistrygroup.co.uk
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