Keepmoat and Strata have been awarded a £120m contract to redevelop a former Leeds hospital site with around 700 homes.
The two housebuilders have been jointly appointed by the Homes and Communities Agency (HCA) as preferred developers for the Seacroft Hospital scheme.
Some 700 new homes have been earmarked for the site. The properties, which will be sold on the open market and available to purchase through the Government’s Help to Buy Scheme, will be a mix of two, three and four-bedroom homes.
Mark Knight, regional managing director for Keepmoat Homes Yorkshire, said: “Public sector clients are confident in our ability to deliver on our plans, and we are reassured that investment in this part of the country will be beneficial to both local people, the community and the economy.”
Andrew Weaver, chief executive for Strata, said: “We are very much looking forward now to working closely with our partners in delivering a quality housing scheme that will herald a new and exciting chapter at Seacroft.”
Construction work on the £120m Seacroft project will begin in late 2015.
Keepmoat and Strata are working together on several other housing schemes in the region, including: the £250m Dominion development on Woodfield Way, Doncaster, another HCA project; and the construction of over 4,000 new homes across Hull and the East Riding of Yorkshire for Home Group and Hull City Council.