A Burntwood developer has got the year off to a flying start with a quartet of land deals worth over £28 million.
Keon Homes has built on a record-breaking 2023 by completing deals for three sites in Coventry, Nuneaton and Wolverhampton where the firm will build a 150-strong mixture of houses and apartments.
The company has also agreed its first partnership with Birmingham Municipal Housing Trust, which will see it construct 65 new homes, a sports pavilion and football pitches for the community as part of Birmingham’s “Our Future City” plans.
Keon has taken on 14 new people to cope with the increase in demand.
Matt Beckley, Keon’s Head of Development, said: “These latest deals underline our ability to find land, securing planning and then, using strong relationships with housing associations, develop schemes that makes a real difference to local people.
“The region is crying out for more affordable housing, and, with these recent wins, we are now programmed to start eight sites this year, delivering 300 new homes in total.”
He continued: “This is more just than bricks and mortar. We are using the latest construction techniques and the strength of our local supply chain to regenerate brownfield sites into communities where individuals, couples and families can enjoy living.”
Daily Focus reported at the end of last year that the affordable housing developer was celebrating a record year, as well as its fifth anniversary.
Deals included one with Wrekin Housing Group worth £15 million to deliver a scheme of 70 properties and communal facilities and a £28 million ‘Streethay’ development in Lichfield.
Matt added: “Our mission is all about ‘Doing the Right Thing’ and that flows throughout the business, from the way we treat our staff and the way we develop our supply chains to the way we forge exceptionally strong partnerships with housing associations and our other client partners.
“This has seen us successfully complete 14 sites and 400 plots in just five years, with a secured £103 million pipeline of deals in place. Importantly, in the most recent Best Workplaces List survey, 100 per cent of Keon Homes employees stated that we are a great place to work.”
Director Warren Bolton added: “Our sector is experiencing a raft of challenges and there will be some casualties this year. That is why we are seeing strong demand for our services, as we have strong financial backing and a proven track record of delivering high quality affordable housing and extra care schemes.”
