A new joint venture between Metropolitan Thames Valley Housing and Bovis Homes will begin construction of 783 homes near Cambridge in February 2020.
The £240m development at Cambourne West will be made up of one to five-bedroom homes with 235 affordable rent and shared ownership homes.
The joint venture will also provide a number of facilities to support the local community with a contribution of almost £13million towards education, including the expansion of the existing secondary school and two new primary schools. A further £3.2million will be contributed to highway improvements.
Richard Evans, development director – Innovations & Partnerships, at MTVH, added: “We’re really pleased to be partnering with Bovis Homes to deliver homes at Cambourne West, as we continue MTVH’s commitment to delivering excellent quality housing and services in Cambridgeshire.
“MTVH is about more than building homes, we also build and invest in people and communities for the long term too. This new joint venture with Bovis Homes gives us a fantastic opportunity to do this at scale, ultimately helping more people.”
Bovis Homes' John Lougher added: “Building by the established new settlement of Cambourne, the area will become a flagship development over the next decade, demonstrating our commitment to housebuilding across the region while also boosting investment and jobs in the area.”