Earlier this year, the University announced that two developers, Countryside and Hill, would build the first 400 market homes as part of the North West Cambridge Development. The University is now seeking developers for homes at two strategic locations within the new local centre of the site.
Brian Nearney, Commercial Director for the North West Cambridge Development, said:
“With the benefit of a high quality environment, a strong economy and a high demand for housing supply, Cambridge enjoys one of the best performing residential markets in the country. This is an exceptional and unique opportunity to work with the University to deliver new homes of exquisite quality and design that will help to shape the future of Cambridge.”
Setting new standards of quality and sustainability, the North West Cambridge Development will be the first development at this scale in the country to be built to the Code for Sustainable Homes Level 5 (residential) and BREEAM Excellent (all other buildings). The masterplan for the 150-hectare mixed-use development includes 3,000 homes (50% created and retained by the University as affordable homes for staff), 2,000 student bedspaces, a local centre with a supermarket and retail units, University primary school, nursery, community centre, doctors surgery, hotel and senior living, as well as substantial landscaping and open space for recreation and leisure.
The development opportunity includes two lots for market housing developers to build private apartments of approximately 100 and 80 units respectively, in addition to delivering 35 new apartments for the University.
The North West Cambridge Development will be an exemplar of sustainable living. In addition to the ambitious building and design plans, the landscape and infrastructure intentions for the development will encourage people to lead sustainable lives through carefully considered measures, including a Green Travel plan and a district heating network. The University will provide site-wide features and infrastructure such as water and waste management systems that will enhance the site’s sustainable characteristics. Over a third of the site is being designed as open, green space with extensive tree planting and other measures to enhance the local biodiversity and ecology.
Construction works are underway with Phase One completions taking place between Autumn 2015 and Spring 2017.