Vistry Group, the provider of affordable mixed-tenure homes, has been granted planning permission by Hinckley and Bosworth Borough Council to bring 140 new homes to Leicester Road, Earl Shilton.
Simultaneously, Vistry has completed on a contract with Places for People, the Social Enterprise, for 83 properties.
This £31m new development will consist of one-, two-, three-, and four-bedroom mixed-tenure houses and maisonettes designed to blend with the town’s historic community.
Andy Reynolds, Managing Director of Vistry South East Midlands, said: “We are thrilled to have secured planning permission to start work on these much-needed mixed-tenure homes in the historic town of Earl Shilton.
“Working in partnership with Places for People means that this development will not only meet the housing needs of the area but will blend family-friendly homes and green open spaces to create a thriving and sustainable community for the future.”
The new homes will be built using modern methods of construction (MMC) reducing the carbon footprint of every property. The homes will be manufactured off site using open panel timber frames from the Vistry Works East Midlands factory just 12 miles away in Leicestershire.
Each home built using these panels emits 14,460kg CO2e less than a traditional brick-and-block house.
Nilam Buchanan, Regional Managing Director, Developments Central and North from Places for People, said: “We are delighted to partner with Vistry Group on this significant development in Earl Shilton to bring forward more high-quality, affordable homes that foster vibrant and sustainable communities.
“The mix of one-, two-, three-, and four-bedroom homes will cater to a diverse range of people, ensuring that everyone has access to a safe and comfortable living environment.
“We know how vitally important a sustainable home can be for people, and we’re excited to see modern methods of construction used to reduce the carbon footprint of these homes, contributing to a greener future for all. We look forward to seeing this development come to life and making a positive impact on the local community.”
Work is expected to start in spring 2025.
