Lovell, Morgan Sindall’s affordable housing and regeneration business, has been selected by Somer Community Housing Trust for a three-year, £40 million housing regeneration scheme at five estates in Bath and Keynsham in north east Somerset.
The project will involve the redevelopment of post-War, precast reinforced concrete homes (PRC) of which 193 will be demolished by Lovell and another 100 refurbished. Lovell will also build an extra 200 new homes on the estates for local residents and a further 120 homes for open market sale.
The scheme will be managed by Lovell which has a strong track record in redeveloping PRC and other types of properties. The company recently completed a £35 million housing scheme for Newport Housing Trust replacing 630 prefabricated corrugated metal and asbestos construction homes with more than 500 new bungalows in Newport, South Wales.