A deal between leading developer Lovell Partnerships and Homes England will result in 400 new homes at a former Ministry of Defence site near Andover.
The work will commence in June of next year and the project will take six years to get completed.
The former Defence Medical Equipment Depot (DMED) in Ludgershall will include a variety of sustainable and free-market homes along with considerable training and investments for the local economy.
This scheme is said to deliver 413 homes where 25% of it will be affordable. James Duffett, regional managing director for Lovell South Wales and South West, has said that homes will be provided for the community along with jobs and other investments.
He also thanked Homes England for the work they have done to ensure the ability to buy the site quickly, which speeds up the planning process. The site which Lovell’s South West and South Wales region will work on is the Drummond Park.
Wiltshire Council and Homes England are also in this process along with Lovell. Steve Coleby, Lovell Partnerships managing director has said that they are pleased to purchase two sites from Homes England.
He added that in light of the current unprecedented situation, the emphasis remains on overcoming housing shortages by working in collaborations where the experience and willingness to think inventively is helping to drive the transformation of accommodation, sustainable cities, and social transformation.
Construction work will commence on the Thorp Arch site in the Eastern region in this October.
The construction, which will take about three years to complete and has a gross building value of £30 m, will contain a total of 119 homes, 42 of which will be affordable through a registered provider.