Construction and regeneration specialist, Vistry North East, part of the Vistry Group, secured planning permission for a latest phase of 204 properties at Kirkleatham, near Redcar, in October last year.
Vistry North East, is already working on phases one and two at the site – just named as Residential Development of the Year at the Insider Property Awards North East. This comprises 375 homes for sale, shared ownership and private and affordable rent and, in addition, a supported living village of 75 homes for people with a specific housing need.
The developer is to once again be working in partnership with Beyond Housing, which will acquire 123 of the 204 phase three properties for shared ownership (80), affordable rent (23) and rent to buy (20). The remaining 81 houses will be marketed for sale.
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Andrew Rennie, Development Director, Vistry North East, said: "It is fantastic to be starting work on our new development here in Kirkleatham and to again be working with Beyond Housing, to deliver even more high-quality housing for the local community.
"Our earlier phases have already played a huge part in improving both the housing choice and standard in the area. Whether people are looking to buy outright, to rent privately or to access supported housing options - through means such as affordable rent, shared ownership, rent to buy or in an extra care setting – our mixed tenure approach is providing options and opportunities available to all."
Vistry North East was chosen by Homes England to complete the £44 million third phase of the £119 million project, subject to planning, in February last year.
The developer has been awarded a five-star rating by the Home Builders Federation (HBF), which evaluates customer satisfaction.
In addition, the Project Manager at the development was recently awarded an NHBC Pride in the Job Quality Award, for a second consecutive year - further testament to the dedication, consistent high standards and diligent approach of the site team.
The latest phase at Kirkleatham will see a mix of two to five bed homes created. It is expected the first residents will be able to move into the third phase homes in October this year, with completion of all third phase properties expected in Summer 2026.
