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Thu June 24 2021

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North Tyneside finalises £300m housing contract

19 Aug 13 A meeting of North Tyneside Council's cabinet has agreed to finalise the contract to allow preferred bidder Solutions 4 North Tyneside to carry out a £300m transformation of sheltered housing.

The consortium brings together Miller Construction (new build), Keepmoat (refurbishment), Lovell Respond (facilities management, including repairs, ground maintenance and cleaning) and Equitix (funding). Solutions 4 North Tyneside will be awarded a 28-year contract that will also see the team oversee ongoing facilities management of the property.

The council has also agreed the timescale for achieving financial close - when the finance can be raised - so that building work can begin on the ground from October.

This will mark the start of a 35-month project that will deliver 922 sheltered homes for the borough's older residents in 16 refurbishment schemes (572 units) and 10 new-build schemes (350 units).

All of the homes will be delivered to a high level of sustainability with building materials and insulation levels aiming to achieve a level 4 minimum BREEAM excellent rating.

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MPU

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