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Genesis acquires biggest ever site in just six weeks

Thursday 4th October 2007
Genesis Housing Group and Hill Residential have successfully completed the purchase of land close to the centre of Chelmsford in just six weeks. The 3.4 hectare Central Campus site (the same size as 3.5 football pitches) and has been purchased from Countryside Properties Ltd with planning to build almost 700 homes.

The site will contain a mix of affordable homes (rented and part-buy/part-rent) and outright sale properties as well as office, retail and arts space. The planning permission also includes a new land bridge over Parkway to Central Park South. Genesis will be working closely with Chelmsford Borough Council throughout the development of this site.

Steve Coleman, Genesis Group Development Director said; "We are thrilled to have purchased this land and are very excited about our plans for the site. We are focused on investment and as a Group have the capability to act quickly on opportunities like this. It took us just six weeks to acquire this land, which demonstrates our entrepreneurial approach to the business of buying land and building homes. We are always looking for opportunities of this kind.

This development will contribute towards reducing housing shortage as well as having a positive economic impact on the area. The mixed use of a range of housing tenures and commercial units at this development will attract a range of people to the area, helping to create a strong sustainable community."
Posted by 0 for Genesis Housing Association
Further reading: Opens in a new window  http://www.ghg.org.uk/NR/exeres/6052C59A-D8EC-4364-9638-D6600B4A3D29.htm
For more information please contact :
Phone:   033 3000 5000
Fax:  
Opens in a new window  http://www.genesisha.org.uk
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