Galliford Try Partnerships has formed a joint venture with a Manchester housing association to deliver 576 homes as part of an £100m development.
The JV between Galliford and Trafford Housing Trust Developments will construct a mix of houses on the site at Heath Lane Farm in Partington, south-west Manchester.
Of the 576 new homes, which range from one to five bedrooms, 74 are earmarked as affordable housing, with 502 available for market sale.
A planning application is expected to be submitted to Trafford Metropolitan Borough Council following the completion of a public consultation on the proposals.
If approved, work is expected to start on site in late 2018. The overall scheme is valued at approximately £100m.
Galliford Try Partnerships managing director Brendan Blythe said: “Trafford Housing Trust has a well-established reputation within the Trafford and Greater Manchester area, therefore we are delighted to […] bring forward this important regeneration scheme.”
Partington has been identified as a ‘Priority Regeneration Area’ by Trafford Council, requiring improved transport links and housing provision.
Galliford Try said the Heath Lane Farm scheme, which close to Partington town centre, will help contribute to the area’s regeneration.
Trafford Housing Trust CEO Larry Gold said: “Being based in Trafford, we are very familiar with both the challenges and huge opportunities that the Partington district has to offer.
“This scheme is just one of several transformational programmes in the pipeline for the area.”
Mr Blythe added: “In recent years, the Partington area has under gone extensive investment and we look forward to using our expertise to rejuvenate the area.”
Galliford Try’s Partnership housing arm has delivered strong results for the firm, with revenue and profit in the operation both up around 10 per cent in the company’s most recent results.
In its AGM today, Galliford Try said the order book for its Partnership business had increased 50 per cent over the past 12 months.
Galliford’s Linden Homes brand and Trafford’s Laurus Homes will promote the development.