Lovell wins regen schemes val

RNS Number : 8130W

Morgan Sindall Group PLC

25 November 2010

 



25 November 2010

Lovell awarded social housing regeneration schemes valued in excess of £30m

Morgan Sindall Group plc, the construction and regeneration group, today announces that Lovell, its affordable housing division, has been selected by Southampton City Council to deliver three regeneration schemes, which have a combined value in excess of £30m.

Lovell will work in partnership with social housing provider First Wessex to build over 200 homes across three mixed tenure sites across the city. The new homes will meet Level 4 of the Code for Sustainable Homes, meaning they will be 44 per cent more efficient than homes built to current building regulations. Work at one site will also involve building seven new retail units to replace an existing shopping parade and relocating a children's play area.

Work on the sites is expected to begin in early 2011, subject to planning permission being granted.

Commenting, Paul Smith, Chief Executive of Morgan Sindall Group plc, said:

"The award of these schemes further develops our partnership with First Wessex, a relationship established when Lovell was appointed to their contractor framework last year.

"The mixed tenure approach that First Wessex has chosen mirrors our view of how affordable housing schemes should be delivered. We look forward to working alongside them and Southampton City Council for the duration of the projects."

Ends

Notes to Editors: 

Morgan Sindall Group plc is a leading UK construction and regeneration group operating through four divisions of fit out, construction and infrastructure, affordable housing and urban regeneration, and an investment unit.

Lovell is a leading UK provider of affordable housing. The company has expertise in new-build, regeneration and refurbishment while its responsive and planned maintenance business Lovell Respond provides comprehensive maintenance and estates management services.

The three sites are at Exford Avenue, Harefield, Laxton Close, Sholing, and Meggeson Avenue, Bitterne Park.

ENQUIRIES:

Morgan Sindall Group plc                                       Tel: [phone]

Paul Smith, Chief Executive

David Mulligan, Finance Director

Blythe Weigh Communications                               Tel: [phone]

Tim Blythe                                                                   Mobile: [phone]

Paul Weigh                                                                 Mobile: [phone]

 

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