Housing Solutions will work with the Royal Borough of Windsor & Maidenhead to deliver affordable housing including social housing on the York Road development.
The major redevelopment in Maidenhead was given the green light following approval in principle from the planning authority in September, which will see 229 new homes alongside a community space and food and café outlets on the banks of Maidenhead waterways.
The site, which is being delivered in partnership with Countryside, sees a total of 88 new affordable homes (38%) which Housing Solutions will own and manage.
Councillor Simon Dudley, leader of the council and lead member for Maidenhead regeneration and Maidenhead, says: “I am absolutely delighted that we will be working in partnership with our local housing provider, Housing Solutions. We already have a close working relationship to deliver much needed affordable homes to our residents. This further agreement will strengthen this and help our residents.
“It is vital that we can deliver affordable housing on our sites and I am pleased that we are able to deliver an additional 20 affordable homes for shared ownership on this site meaning a total of 88 new affordable homes (38%) will be created in the heart of Maidenhead to give residents struggling to get onto the housing ladder a place to call home.
“It will provide much needed homes for our residents and create a much needed new neighbourhood in the town centre with a mixture of homes, retail outlets and community facilities to meet the needs of our residents now and in the future.”
Orla Gallagher, Housing Solutions chief executive, says: “We’re absolutely delighted to have been selected to provide more homes locally and to work alongside the Royal Borough and Countryside on this exciting project.”
“Our key priority is to provide affordable homes in Maidenhead and 88 new homes in the town centre will help us to support more local people achieve their housing ambitions. The new homes will be a mix of rent and shared ownership and will be adjacent to all the local amenities, the railway station and leisure and employment facilities.”
Malcolm Wood, project director at Countryside, added: “We are delighted that we are able to work with the Royal Borough of Windsor & Maidenhead and Housing Solutions to deliver these affordable homes in the centre of Maidenhead.
“We look forward to continue to work closely with the council and the community as we deliver the much needed new homes, modern community facilities, cafes and restaurants as well as fabulous new public spaces.”
The York Road site is part of the Royal Borough of Windsor & Maidenhead’s joint venture with Countryside and is the first of four sites which bring more affordable homes for residents and allow them an opportunity to purchase homes if they have lived or grown up in the borough.
The rejuvenation of York Road, the area to the south of the High Street, includes a £1m investment to enhance and improve existing buildings and public realm, uniting areas of the town south of the library and creating new pedestrian-friendly and cycle connections from York Road to the Nicholsons Centre.
The scheme brings an additional 229 homes to the town of which 30% (68 homes) will be affordable homes - a mix of shared ownership, affordable rent (rent set at local housing allowance levels) and social rent.
The council is also delivering a further 8% (20 homes) affordable homes on site by way of a public subsidy, providing a total of 38% affordable (88 homes).
There will also be 20,000 sq. ft. of commercial space for food and beverage outlets, a new home for Maidenhead Heritage Centre and a community space.
Building work is expected to start on the site in spring 2019 with the first homes expected to be completed by autumn 2020.
The site is part of the joint venture the council has with Countryside to develop four sites in the town – York Road, Saint-Cloud Way, West Street and Reform Road.