Milton Keynes Development Partnership (MKDP) has exchanged contracts with Taylor Wimpey on its 17-acre site at Kents Hill Park, Milton Keynes, to build 171 homes.
Taylor Wimpey has announced it is set to provide 53 affordable homes to its 17-acre site at Kents Hill Park, and MKDP will purchase an additional 25, to bring the total number of affordable homes to 78.
There is set to be 171 new homes in total.
The homes will include a range of two bedroom apartments to five bedroom houses, and will be managed by MKDP’s wholly owned subsidiary – Milton Keynes Housing Company Ltd.
In plans, all homes will exceed what is anticipated will be the requirements of the Future Homes Standards, where homes are expected to produce 75-80% less carbon emissions.
Milton Keynes Council is set to receive a detailed planning application within the next 6 months, with work expected to begin on the site in 2023.
It is estimated residents will be able to move in by 2023.
MKDP’s Property Development Director Matthew Green said: “This is a landmark moment for affordable housing in Milton Keynes. Homes that will raise the bar in terms of carbon reduction initiatives minimising residents’ exposure to rising energy costs and, importantly, will stay permanently in the control of Milton Keynes Council through the MK Housing Company.
"MKDP is delighted to have facilitated this initiative and looks forward to delivering many more homes.”
Emma Walton, Senior Planning Manager at Taylor Wimpey South Midlands, says: “We are pleased to have exchanged contracts with MKDP to deliver much needed affordable housing in Milton Keynes. We are currently finalising our planning application for the Kents Hill development and look forward to starting work on site after our application has been approved.”
