Inland Homes PLC Award wins
09 Dicembre 2020 - 8:00AM
RNS Non-Regulatory
TIDMINL
Inland Homes PLC
09 December 2020
9 December 2020
Inland Homes plc
Award Wins
Inland Homes plc ("Inland Homes", "Inland" or "the Group"), the
leading brownfield developer, housebuilder and partnership housing
company with a focus on the South and South East of England,
announces two award wins.
-- Chapel Riverside, Southampton
Chapel Riverside has won the Gold award in the Best Regeneration
Scheme category at the WhatHouse? 2020 awards.
This nine-acre regeneration project on a complex brownfield site
is delivering 520 new one, two and three-bedroom homes and
64,000sqft of commercial space. Located on the site of the former
Town Depot, the Group is carrying out extensive site remediation
and civil engineering works including the demolition of disused
buildings, ground decontamination and the sinking of a 25m diameter
water tank to a depth of 17m from ground level. The Group has also
raised the site level and built the 210m critical first section of
a sea wall at a cost of approximately GBP2.5m to protect the city
against flooding.
-- Hugg Homes
The Group's subsidiary, Hugg Homes, was announced as the winner
of the 'Innovator of the Year: Housing Delivery' at the UK Housing
Awards.
Making use of dormant land, Hugg bespoke, modular homes provide
an innovative response to the housing crisis, offering local
authorities and others a high-quality alternative to bed and
breakfast or hostel accommodation while putting to good use
brownfield land waiting for planning permission and construction to
commence.
Hugg currently has 22 units tenanted within its Chapel Riverside
development in Southampton (six to Southampton Council) and 32
within its Cheshunt Lakeside development in Cheshunt to Broxbourne
Borough Council, which together generate a gross rental income of
approximately GBP500,000 a year.
A planning application for a further 48 units at Cheshunt
Lakeside was approved by Broxbourne Borough Council in November,
subject to the signing of a Section 106 agreement.
Stephen Wicks, Chief Executive, commented:
"Chapel Riverside is a prime example of the additional value we
can bring to schemes through our brownfield site remediation
experience and ability to manage major civil engineering works
in-house and we are delighted to have received this
recognition.
"Equally, we are delighted to have been recognised for the
innovative work of our temporary modular housing subsidiary, Hugg
Homes. Local authorities and others are facing ever-increasing
demand for temporary accommodation, exacerbated by COVID-19. Hugg
is providing much needed support and crucially doing so at a
quality that ranks favourably against other options."
Enquiries:
Inland Homes Tel: +44 (0)1494 762450
Stephen Wicks, Chief Executive
Nishith Malde, Finance Director
Gary Skinner, Managing Director
Panmure Gordon (UK) Limited Tel: +44 (0)20 7886 2500
Dominic Morley
Erik Anderson
Instinctif Partners Tel: +44 (0)20 7457 2020
Mark Garraway
Rosie Driscoll
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END
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