Wates has been appointed to work in partnership with the council on an £86m house-building project to in Guildford.
Wates will build 248 new homes with a commitment to 40% affordable housing. Guildford Borough Council has committed to buying the affordable units for £39.7m to add to council stock.
The initial proposals include 98 new affordable rent and shared ownership homes. The scheme will deliver a balanced mix of one-, two-, and three-bedroom flats, with some townhouses.
While the final design is subject to public consultation, there is a commitment that it will be designed to meet and exceed Future Homes standards and deliver a 30% biodiversity net gain.
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