The strategic partnership between the developers is set to deliver 232, two, three, four and five bedroom Eco-homes over the 25-acre site as part of the exemplar phases of the Elmsbrook development. 30% of the new homes will be reserved for affordable housing, while the remaining homes will be available for private ownership.
Built to the highest specifications, the Elmsbrook development offers purchasers eco-efficient properties and sustainable community living. All homes developed by the joint-venture will include rain water harvesting systems, electric car charging points, in home digital information systems and solar panels and will be heated by a district heating plant.
Construction for the next phase is due to begin on-site in Spring 2018, with the first residents moving in to their new homes in Spring / Summer 2019. In total, the joint-venture project is estimated to last four years, with a final completion date of Spring / Summer 2022.
Nick Hutchings, Executive Director (Commercial) at A2Dominion, commented: “We are looking forward to developing our partnership with Crest Nicholson to create places where sustainable living and design innovation is a high priority. With more and more demands on environmental issues, our collaborative and forward-thinking approach will be key to offering sustainable living and greener futures.”
Chris Tinker, Main Board Director at Crest Nicholson, commented: “We are excited to be working together with A2 Dominion to deliver this important new community in Bicester. The creation of eco-friendly, energy efficient housing is a key pillar of our commitment to sustainability and the Elmsbrook site has been carefully planned to offer all the benefits of contemporary sustainable living.
The £80 million joint-venture project will create much needed new homes and community space for the Bicester Region, as well as new jobs to boost the local economy. The project is a long-term strategic partnership and we look forward to working closely with the A2 Dominion, Cherwell District Council and key local stakeholders to ensure a smooth delivery on site.”
