Abri and Lovell, part of the Morgan Sindall Group, have signed a joint venture agreement on the multi-million-pound project, involving the creation of 500 homes – 225 of which will be affordable. The homes will be built alongside a school, care home, local centre, commercial and employment space.
The substantial joint venture project will benefit from multiple areas of expertise and resources contributed by two well-established organisations. Our role as Joint Venture Monitor will involve assisting Abri with the successful delivery of the project.
The project with Lovell forms part of Abri’s wider business plan to deliver at least 10,000 new homes in the next 10 years.