Circle announces builders for £1bn framework
A major £1 billion home building framework has taken a step closer to fruition following the announcement of preferred developers by Circle Housing Group.Covering all areas of the Midlands and south-east England, a total of 33 companies have been allocated projects up to £10 million for the delivery of thousands of new homes.It covers a mix of major building contractors including Galliford Try, Willmott Dixon, Leadbitter, Kier, Mulalley, Lovelly Partnerships and more, alongside a number of smaller developers that will be taking on smaller-scale schemes of only a handful of properties.In total, 45 lots have been allocated to the 33 companies under the framework, with construction, refurbishment and the regeneration of large areas to be completed by the assigned developers over the coming four years.Mike Ward, director of housing growth and mobility at Circle Housing Group, said: "Circle is stepping up its development programme over the next few years and the winning contractors will play a key role in helping us to deliver our plans."Competition for appointment to the framework was fierce, with almost 100 applications. This resulted in a very high standard of submissions and Circle can be confident that we have the right mix to deliver quality homes over the next four years."It promises to provide a major boost to the UK's housing market and could go a long way towards offsetting the ongoing housing crisis that is being witnessed across the country.With thousands of new homes scheduled for construction as part of the initiative, the move marks a significant "stepping up" of the housing provider's development programme.The news comes at a time when confidence appears to be returning to the UK construction sector, with the Global Construction Survey 2013: Ready for the Next Big Wave report from KPMG highlighting how 73 per cent of developers are now either 'positive' or 'very positive' regarding the future fortunes of their business.
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