Sector - Commercial
North East business partnership creates 135 affordable homes
20 Feb 20

A partnership between the two property development companies Vistry Partnerships North East and Housing 21 has made plans to provide 135 affordable housing units in the North East that are specially designed form people approaching retirement age.
Going into more detail the Vistry Partnerships North East and Housing 21 joint venture plans to specifically create 64 apartments in North Tyneside and a further 71 in Peterlee that are designed to accommodate people who are over 55 years old, with delivery also entailing the construction of communal areas, gardens, a hairdresser, and a café.
The Managing Director of Vistry Partnerships North East, Sean Egan stated: “It is great news to have secured agreements to build these two state of the art facilities for Housing 21, which is a new client for us in the North East.
“Our development team is focussed on finding land opportunities for a range of clients and sourced both of these opportunities for Housing 21, devising viable, high quality schemes and securing the necessary planning consents. This means that we are able to offer housing providers ready-made solutions for their residents.
“These initiatives at North Tyneside and Peterlee have been carefully considered to meet the needs of people over the age of 55. By joining forces with Housing 21, we can ensure we are providing a quality home with the required adaptations and technologies to help people live independently for longer.”
The Director of Development at Housing 21, Siobhan Moore added: “The proposed developments in Peterlee and North Tyneside will strengthen our presence in the North East and will enable Housing 21 to add to its established popular courts for both Retirement Living and Extra Care provision. This includes seven Extra Care courts in Sunderland and a further ten in the North Yorkshire region and a variety of options in between.
“Working alongside Vistry Partnerships North East has helped us to add to our growing pipeline of new schemes in development and will help us to realise our growth ambitions to provide more affordable housing to older people of modest means capable of flexibly meeting their changing needs as they grow older.”
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