Market Leads & Opportunities
Honey gets green light for South Yorkshire development
Sheffield-based housebuilder Honey has secured approval for a development of almost 100 homes in South Yorkshire.The £23.5m Iris scheme will be located on an eight-acre site off Barnburgh Lane, near Barnsley.It is Honey’s second project and the first in its home county of Yorkshire since launching last October.Barnsley Council’s planning regulatory board voted to approve the plans at a meeting on 26 September. The decision was in line with the recommendation of a planning officer’s report prepared for the meeting, as previously reported by Insider.Work at Iris is due to commence in October with the first residents expected to move into their new homes in summer 2024.The development will feature 16 house types, with a four-bedroom detached showhome set to open at the development in January.Honey is also making contributions of £540,000 to education, £71,000 to sustainable travel and £153,000 for green space/open space for initiatives that will benefit the local community.Mark Mitchell, Honey chief executive, said: “We are very pleased to now be in a position to start building our first ever development in Yorkshire.”Iris will showcase the style, substance and sustainability of the type of homes we will deliver on future sites that we acquire throughout the county and beyond.”We believe our range of new homes at Iris are unmatched at their price points and will provide much needed high specification residential properties for people living locally or moving to the area.”Honey is backed by private equity firm Alchemy Partners and its Alchemy Special Opportunities Fund IV which has £937m of fully committed capital.Work on the housebuilder’s first development, a £14m, 50-new home scheme called Amber in South Normanton, Derbyshire, is currently underway.Honey has also submitted plans and exchanged contracts for a £20.35m, 75-home development called Hazel in Matlock, Derbyshire.
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