The Peterborough Evening Telegraph
Work starts on £14 million affordable homes scheme
Work has started on the construction of a new housing scheme located at the former British Sugar HQ in Peterborough.
The £14million scheme, which has received grant funding from Cambridgeshire and Peterborough Combined Authority, will provide 45 affordable rented and 29 shared ownership properties and is part of Cross Keys Homes’ development expansion plans for the city.
Cross Keys Homes’ chief executive, Claire Higgins, said: “We are very pleased to be working with Vistry Partnerships, Cambridgeshire and Peterborough Combined
Authority and Peterborough City Council to develop this land into much needed affordable homes. Not only will this development help to accelerate the delivery of affordable homes in the city, but it will transform an important local landmark to the benefit of the wider community.”
Andy Reynolds, managing director of Vistry Partnerships, who are the delivery partners appointed to build these new homes, added: “This is a large development opportunity for us in Peterborough and it represents a significant contribution to the new build local housing market in the area. We want to build long-term business relationships with our partners, so we are very pleased to have joined forces with Cross Keys Homes to bring forward this highquality project which will see a full range of housing built over the next couple of years.”
Dr Nik Johnson, Mayor of Cambridgeshire and Peterborough, added: “Providing people with the opportunity to find affordable homes in Peterborough and across Cambridgeshire is what the Combined Authority was set up to do.”