Lovell has signed a development contract with the Borough Council of King’s Lynn and West Norfolk which will see the company build up to 600 homes.
The scheme has a potential value of up to £80 million and will continue over the next five years.
Construction work will start later this year, subject to the scheme successfully completing the planning process. The new two-, three- and four-bedroom houses at Marsh Lane will comprise 110 homes for sale and 20 affordable homes.
Marsh Lane is one of five sites included in the borough council’s Major Housing Project which will deliver much-needed new housing and infrastructure improvements.
“We’re delighted to be working with the local community and the Borough Council of King’s Lynn and West Norfolk on this major housing programme which will provide much-needed affordable homes and homes for sale locally,” says Lovell regional director Simon Medler.
“The company has extensive experience of successfully delivering mixed tenure housing developments and we look forward to bringing that expertise to this important scheme.”
Through the development management agreement, Lovell will design, promote and sell the new housing on behalf of the Council and will also be contracted to build the new homes.
As part of its commitment to investing in local communities, the company will provide a range of job and training opportunities locally including the creation of a number of new apprenticeships and the safeguarding of a significant number of existing apprenticeship places.
Lovell will also deliver a range of short training courses and a programme of visits for local school, college and university students.