Lovell signs up to £40m Skipton project
Lovell, the Staffordshire-based affordable housing division of Morgan Sindall Group, has signed an agreement with property developer Maple Grove Developments and Craven District Council for a £40m development programme in Skipton.
The scheme will involve the construction of more than 200 houses and an expansion of the town's shopping centre.
Lovell said it will be responsible for the housing element of the scheme, valued at £30m. The housing to be constructed will be a mixture of open market, affordable rent and shared ownership.
Morgan Sindall chief executive Paul Smith said: "Lovell continues to make progress developing its market-leading position in the affordable housing arena with this latest deal, one of a number we have already secured this year.
"We look forward to working with Maple Grove and Craven District Council to deliver the development."
Morgan Sindall is based in Rugby.
