Countryside Partnerships has signed agreements with emh group and Start Living for the scheme's affordable and private rented homes.
Countryside Partnerships is the first developer to start work on the site, which will bring forward much-needed housing to the local area. 'Alvaredus', so named as a nod to the area's lineage to Alvaredus de Clifton, a Norman knight, will deliver 333 new homes and provide a sustainable new community made up of two, three and four- bedroom properties. The scheme will deliver 133 homes for private sale, 100 affordable homes for emh group and 100 private rental homes through Start Living, the single family build-to-rent joint venture between Gatehouse Investment Management and TPG Real Estate Partners.
Martin Harrison, Managing Director, North East Midlands, Countryside Partnerships said: "We are delighted to get the green light to start work to build a well-planned, safe and friendly community with a great mix of housing options to suit everyone.
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"It is great to be partnering with emh group on this inclusive residential development which will not only create housing, but also local employment and with millions of pounds of investment in the local economy."
Chris Jones, Executive Director for Development at emh group said: "We are proud to be working with Countryside Partnerships on this exciting new scheme. These 100 new high-quality homes will contribute towards meeting the housing aspirations of people in the area and will support the local community to thrive."
Homes England and Clowes Developments have partnered to deliver Fairham, a 606-acre mixed-use neighbourhood located on the southern edge of Clifton. Fairham will not only deliver new employment opportunities but will also assist Rushcliffe Borough Council in meeting its new homes target of 13,500 dwellings by 2030.
In order for Countryside Partnerships to achieve planning consent for Alvaredus, the team had to pay close attention to the Fairham masterplan and adhere to strict design codes intended to encourage developers to create schemes that comply with Fairham’s aspirations for quality, deliverability and sustainability, providing people with the opportunity to flourish and thrive in a well-rounded built and natural environment. Residents at Alvaredus will benefit from Fairham’s expansive cycle ways, green corridors, ecological and wildlife zones, a neighbourhood centre and excellent public transport links.
Fairham is set to be the East Midlands' most significant mixed-use development, boasting world-class connectivity and a prime commercial and residential location. Located to the south of Clifton, Fairham sits alongside the A453 Remembrance Way that links directly to the M1. It is also next to the NET tram terminus at Clifton South, within a 15-minute drive of East Midlands Airport and Freeport area and just a 20 minute drive or tram ride from Nottingham city centre. Fairham will create a thriving new community and neighbourhood that is well-planned, safe and friendly; a place that has a vibrant mix of residential and commercial spaces designed and built to the highest standards.
