The Hill Group has created a strategic joint venture with TOWN to scale up the delivery of community-focused residential development and co-housing.
Over the next five years, the JV will focus on delivering mixed-use, community-focused developments across London, East of England, the South East and South Midlands.
It will work closely with public sector bodies, legacy landowners and forward-thinking partners to deliver places that generate long-term social, environmental and financial value, through a mix of shorter and longer-term projects at different scales
The JV has launched with a £50m project at Northstowe in South Cambridgeshire. Land owner Homes England has selected the partnership to bring forward approximately 150 homes, including two co-housing communities, alongside a mix of private and affordable housing.
Andy Hill OBE, founder and group chief executive of The Hill Group, said: “This is an exciting move for Hill as we step into the cohousing sector for the first time. TOWN’s community-first perspective to development presents a fresh and innovative approach that aligns with our commitment to creating sustainable, socially valuable communities. This venture not only expands and diversifies our development pipeline but also reflects our ambition to support the growth of smaller, values-driven developers who are making a real impact in the sector.”
Jonny Anstead, director of TOWN, added: “This partnership enables us to take our proven model of resident-led development to new places and bigger projects, while keeping our commitment to quality and community at the heart of what we do. With Hill, we have a partner who shares our ambition to change how housing gets made in the UK – and the capacity to help us do it.”
