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11/01/2024

Vistry Group Scoops £29m Contract

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Vistry Group has scooped a £29 million contract from Riverside Group to design and build 40 new energy efficient homes alongside an extra care scheme providing 90 apartments and new external landscaped areas in Southport.

As part of the development, Vistry will also deliver a 12-apartment Short Term Assessment Centre for individuals who are neurodiverse. The design of the centre, which will be operated by Sefton Council, has been shaped by Riverside and those with lived experience of autism and learning disabilities.

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The new homes will include houses, bungalows, and apartments, providing high-quality care options to the local community. Twenty of the homes will be offered in shared ownership tenure, helping local people to enter the owned property market.

Riverside is delivering the development as part of its £80.7m Strategic Partnership with Homes England, the Government’s housing and regeneration agency.

Work is due to start early this year, with the development expected to be completed by early 2026.

Gemma Hardy, Managing Director of Vistry Merseyside & Cheshire West, said: "We're really pleased to be working with Riverside to bring forward a significant number of new affordable homes in Southport, alongside vital care facilities for the community. This new development is another great example of the strengths of our business model – where we can operate as both a developer and a contractor – and we’re looking forward to work getting under way early this year."

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