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Barratt to build 2,700 homes in Swindon

Source: http://www.constructionenquirer.com/

Swindon Borough Council is teaming up with Barratt to develop over 2,700 homes to the south of the town.The 50:50 joint venture partners will develop 250 hectares at Wichelstowe over the next 20 years to include two primary schools, a secondary school and an extensive area of open space.The Council is contributing the land and the infrastructure already in place and Barratt, through its main trading company, BDW Trading will fund all of the remaining site-wide primary infrastructure, including a portion of affordable housing.Barratt is investing £183m for half the value of the build, and the remaining primary infrastructure.It will deliver serviced parcels for development in five phases and is also the exclusive provider of the development and management services for the site.