A Warwickshire site with planning permission for 620 homes has been sold to a council-backed partnership which will develop the scheme.

Vistry and Warwick District Council’s housing company Milverton Homes have formed a joint venture to deliver the scheme on a 76-acre site in Kenilworth. Vistry was formed in 2020 by the merger of Bovis Homes and Galliford Try’s housing businesses.

Warwick District Council is investing £60m into the joint venture and will receive 248 affordable homes which are zero-carbon and built to national development space standards.

The site at Woodside Conference Centre and Crewe Lane forms part of the land east of Kenilworth, allocated in the adopted Warwick Local Plan and Kenilworth Neighbourhood Plan.

Cllr Jan Matecki, portfolio holder for homes, health and wellbeing, said: “This is really welcome news for the district. Our overall vision is to create healthy and sustainable developments that will stand the test of time; neighbourhoods that are inclusive and improve the lives of both new and existing residents.

“Through the provision of funding, the council can broker a greater stewardship role in place-shaping and meeting climate change objectives.”

The seller, Catesby Estates, has spent the last four years bringing the scheme forward.

David Harper, area land director at Catesby Estates said: “For the planning process to work effectively, land promoters, housebuilders, councils and local residents need to work together.

“We believe as a result of our collaborative approach this sensitively-designed development will provide not just new homes but real community benefits and additional facilities for both existing and new residents.”