GMI Developments Limited and Miller Developments have announced the formation of a new joint venture, GMI Miller Limited, aimed at delivering various development schemes across northern England.

The partnership has already acquired its first site, an 80-acre location in Scholes, Leeds, designated for up to 600 new homes. Additionally, the venture is nearing terms on an employment site and a 500-unit residential development on the outskirts of a centre.

Chris Gilman, Managing Director of GMI, stated, “We are delighted to have joined forces with Miller Developments to initially bring forward the development of our site at Scholes. Their extensive track record and strong capital base make them the ideal partner for both this site and the other opportunities we are working on. We look forward to a long and successful relationship.”

GMI Developments, part of the GMI Holdings Group, has extensive experience in complex regeneration projects, collaborating with both public and private sector organisations. The company has delivered prominent developments such as the 200-acre award-winning Thorpe Park and the redevelopment of Clay Cross town centre in Derbyshire.

Miller Developments, which separated from the wider Miller Group in 2018, is known for delivering projects across the UK, including the mixed-use logistics and residential project at Omega Warrington in the north. The company controls land capable of delivering over 5,000 new homes and possesses assets exceeding £70 million, which it aims to reinvest in further development opportunities.

David Hodgson, Development Director at Miller Developments, commented, “The GMI Miller JV will exploit the vast experience the two companies have in acquiring, securing planning, and delivering high-quality employment schemes, serviced residential land, and mixed-use developments across the north of England.”

He added, “Seeking opportunities to utilise the equity within the company, we are currently engaging with agents to look at a variety of both strategic greenfield and unconditional brownfield sites, on and off-market, and look forward to bringing forward serviced land for the residential sector, boosting local economies through investment and job creation.”

The new joint venture is set to create substantial investment opportunities and job growth in the region, enhancing local economies and providing high-quality development projects.