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Lovell homes bonus

CONTRACTS - ESSEX

LOVELL has bagged a £200 million social housing scheme in Basildon.

The firm, in partnership with Basildon Community Housing Association, was chosen by English Partnerships as the preferred developer of the Craylands Estate and former Fryerns School site in Essex.

Under the deal the housing association and Lovell will build up to 650 homes and rebuild 600. The job includes putting up a community centre.

Work starts on site next year with the first new homes up within two years.