Housing & Residential: East Midlands Vistry Group to build 228 new family homes in Sileby October 28th, 2024 Deividas Krupstas Vistry Group, the UK’s leading provider of affordable mixed-tenure homes, has exchanged contracts on a 28.5-acre site on Barnards Drive in Sileby. The land, with a GDV of £63.2m, is being developed to build 228 much-needed family homes to help combat the need for housing in the area.Situated just beyond Barnards Drive on the eastern edge of Sileby, the new development will be made up of both affordable and open market homes. The new development will integrate seamlessly with the thriving Leicestershire community with a mix of one- bedroom maisonettes, and two-, three-, four-bedroom homes, all thoughtfully designed to complement the unique character of the area.All the houses will be constructed using modern methods of construction, with timber frame panels produced at the local Vistry Works factory in Bardon, Leicestershire. This will improve the sustainability and speed of the construction process, as well as reducing disruption for the local community. Each home built using these panels emits 14,460kg CO2e less than a traditional brick-and-block house.In addition to its residential projects, Vistry Group will be taking a prominent space at the UK’s leading real estate investment and infrastructure conference, UKREiiF, (The UK’s Real Estate Investment & Infrastructure Forum) where they will host a dedicated pavilion. This space will enable Vistry to engage with industry leaders and stakeholders, fostering discussions on sustainable housing development, community integration, and innovations in construction. Their involvement underscores Vistry’s commitment to creating impactful and sustainable communities across the UK.Andy Reynolds, Managing Director of Vistry South East Midlands, said: “We are thrilled to be bringing much-needed mixed-tenure homes for the area demonstrating our commitment to delivering high-quality, affordable homes in a sustainable manner to enhance communities and meet the diverse housing needs in the area.“We know that people from all walks of life will relish the opportunity to live in modern family homes and to be part of a vibrant and well-connected community here in Leicestershire.”The site has outline planning permission with Reserved Matters before the end of the year with a view to starting work in 2025.
