Avant Homes South Wales and housing association Valleys to Coast have agreed a £42m deal to deliver 194 affordable homes in Maesteg.
The new homes will include one-bedroom apartments and two-, three- and four-bedroom terraced, semi-detached and detached properties.
At least 108 will be built to Welsh Design Quality Requirements, have an EPC rating of A and be carbon free, with the remainder achieving an EPC B rating.
The housing development will be built on the former Ewenny Road Industrial Estate. Bridgend County Borough Council has used Cardiff Capital Region funding to remediate the 16-acre brownfield site to allow the development to progress.
Martin Smith, managing director of Avant Homes South Wales, said: “This deal is an excellent example of effective collaborative working between Bridgend County Borough Council, Cardiff Capital Region, Valleys to Coast and ourselves. It’s successful conclusion enables the provision of more quality new homes for the South Wales Valleys in a development that will create a thriving new community within Maesteg.
“This is a landmark deal for Avant Homes South Wales with it being our first one with Valleys to Coast, and our first in Wales. We have a highly capable and ambitious local team in our business who are proud to be playing their part in delivering this exciting and essential regeneration project. We will continue to build upon this momentum and we are in advanced discussions regarding a number of other deals to provide quality affordable new homes throughout South Wales.”
