Build to Rent property development specialist, HG Living has appointed Rund as Employer’s Agent and Quantity Surveyor on a major Build to Rent development in the heart of Milton Keynes.
Bowback House is set to be a highly sought-after development in one of the UK’s fastest growing economic regions. The project will transform an existing 3 storey office space into a 14 storey residential development featuring more than 300 exceptional quality homes, alongside extensive landscaped resident amenity terraces. A residents’ lounge, gym and fitness studio will also be created.
In addition, the scheme will champion the use of greener energy methods through the installation of air source heat pumps and solar panels.
Paul Belfield, Director at Rund commented: “Bowback House will set a new standard for Build to Rent schemes as it combines high-quality homes and a wide range of amenities with more sustainable energy sources. It is great to be involved in another exciting project which is capitalising on the thriving Build to Rent sector, which, according to the British Property Foundation is growing at a rate of 26% year-on-year and shows no signs of waning.”
As Employer’s Agent and Quantity Surveyor, our role will be fundamental in ensuring the successful delivery of an outstanding quality development. We will be responsible for a wide range of duties including managing contracts and monitoring costs, programme, and quality on site.
Bowback House will capitalise on Milton Keynes’ growing Build to Rent investment, and forms part of local council plans to build a minimum of 29,000 new homes by 2031. The scheme is due to complete in late 2024.