Willmott Dixon JV to fast-track £47m Preston housing develpment
July 09, 2019 – Trafford Housing Trust and L&Q have teamed up with Willmott Dixon to build 250 houses on a Homes England site in Preston.
The £47m development is planned for D’Urton Lane in the Fulwood area of Preston. Trafford Housing, L&Q and Willmott Dixon have created a joint venture company, Laurus Partnership Homes, to deliver the project.
More than half of the homes – 127 of the 250 – will be designated as ‘affordable’ housing, either for rent or purchase. The remainder will be marketed for sale at full market price.
Subject to planning approval, the joint venture will purchase the land for development and begin construction before the end of 2019.