The invited representatives from developer Habitus, DLC Europe, the Milton Keynes Development Partnership (MKDP) and the Mayor of Milton Keynes, Cllr Mohammed Khan, to mark the start of work.
The ceremony celebrated the commencement of the scheme which will see four blocks featuring over 300 apartments, built on the site on a former garden centre on Avebury Boulevard in the heart of Milton Keynes.
Flexible commercial space is also being created as part of the project, which will see a range of Modern Methods of Construction (MMC) utilised to shorten the construction timescale and innovatively boost site safety.
The development, designed by rg+p architects, is anticipated to complete in March 2024, with the new homes available for private rent. It represents the second project in recent times built by Galliford Try on the same street, following the successful completion of the 100 Avebury Boulevard office complex in 2020.
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Jon Marston, Managing Director of Galliford Try Building East Midlands, commented: "We are delighted to be underway with this fantastic new project for Milton Keynes. As a business we have a strong track record in the build to rent sector and we look forward to working with Habitus and all the stakeholders involved to create high-quality homes for the local area."
MKDP Property Development Director Matthew Green said: "This prominent, city-centre site was vacant for a long time so it’s great finally to see work starting at Park Square. Abbeygate’s success in securing a robust funder was fundamental. And having Galliford Try, a major construction contractor with an impressive track record in Milton Keynes and in the build to rent sector, is really positive too."
Charles Fish, Director of development managers, DLC Europe, said: "Starting out on new project such as this is an exciting time for everyone involved and we are pleased to have reached this point. We look forward to working with Galliford Try and the project team to realise our vision of creating a high-quality residential scheme that will make a real difference to the local area, and will provide much-needed homes for Milton Keynes."
