Welcomed to fresh Manchester construction project by Homes England
In Oldham, the Sydney Grange retirement community project by McCarthy Stone is currently active, offering a unique opportunity for retirees to own a home at an affordable price. This development is exclusively available through McCarthy Stone's Shared Ownership scheme, a partnership with Homes England designed specifically to address affordability concerns for older people wanting to live in the community [1].
The partnership between McCarthy Stone, Homes England, and Remagin is groundbreaking, providing new retirement apartments at affordable prices in areas where development previously would not have been viable. The success of this collaboration is evident, with half of the apartments in the development already taken [1].
Accelerating build programs by up to 50% and significantly reducing defects, the partnership with Remagin, Europe's leading manufacturer of Light Gauge Steel Frame (LGSF) MMC solutions, has proven to be a game-changer [1]. The development was constructed using a sustainable two panelised system developed by Remagin, which is expected to benefit residents with reduced energy bills [1].
Homes England, a government agency that frequently supports sustainable and affordable housing initiatives, is pleased to support the development through their older persons shared ownership scheme. Their involvement signifies strong institutional support for the project, facilitating affordability through shared ownership and potentially integrating sustainability goals [1].
While the specific sustainability features of Sydney Grange are not detailed in the results, McCarthy Stone's general practices emphasize energy-efficient design and sustainable building practices. The partnership with Homes England further suggests a commitment to such principles, although explicit sustainability details for this project are not provided in the results [1].
The visit to the development was led by Shahi Islam, director of affordable housing at Homes England, and the Homes England team also visited Remagin's factory in Leeds where the LGSF panels are made. John Tonkiss, CEO at McCarthy Stone, expressed enthusiasm for building more affordable retirement communities in partnership with Homes England and Remagin [1].
The project was inspired by the fact that there are around three million older people in the UK who own their homes but possess limited equity and are unable to move into homes more suited to their needs. The visit to the Manchester development was significant in demonstrating the shared vision of creating thriving, affordable communities for older people [1].
In a time when the future of council housing is uncertain, the Sydney Grange development offers a beacon of hope for affordable and sustainable retirement living. Homes England looks forward to supporting this model and seeing it progress [1].
Meanwhile, in Swindon, the latest development has been labeled as a 'murder of the dancefloor' due to its design. This fact, while not directly related to the main topic of the article, is an interesting piece of information that could be included in a related news section.
[1] Source: Information provided by the bullet points.
- The partnership between McCarthy Stone, Homes England, and Remagin is not only focused on retirement communities, but also aims to bring new, affordable housing options to areas where development may otherwise not be feasible.
- Investors and retirees interested in sustainable living may find the Sydney Grange retirement community project appealing, as it was constructed using a two panelized LGSF system developed by Remagin, which is expected to reduce energy bills for residents.
- To further facilitate affordable housing, the development is available through McCarthy Stone's Shared Ownership scheme, which is a partnership with Homes England designed specifically to address affordability concerns for older people.
- Looking to the future, McCarthy Stone, Homes England, and Remagin hope to collaborate on more affordable retirement communities, as the success of the Sydney Grange development demonstrates the potential for such collaborations in the housing-market and real-estate sector.