We've completed the first new apartments at Indigo
We have reached the next milestone in our flagship development by completing the first 131 new apartments at Indigo.
The £70 million development scheme, which has received £12.5 million grant funding from Cambridgeshire and Peterborough Combined Authority, will provide 315 much needed high-quality homes offering a range of 1, 2 and 3 bedroom apartments and duplexes across two connected wings when the development completes early next year.
Today, the keys have officially been handed over from our development contractor, Willmott Dixon, for the first phase of properties with residents set to starting move into these new homes as they are rented out in the coming weeks.
Our Chief Executive, Claire Higgins, said: “We have made great progress on this site over the last two years, thanks to our development partners, Willmott Dixon, and I am delighted that we have reached the stage where we can now complete the first phase of apartments and start to welcome new residents as they begin to move into their new homes.”
Our Technical Director, Gary Clarke, was joined on site by Chris Warren, Senior Operations Manager at Willmott Dixon to receive the keys to the new homes.
Gary, said: “We are committed to making a positive difference by providing homes that people can afford and are looking forward to seeing how our Indigo development will help to improve access to sustainable, modern city centre living.
Today marks the next stage in this fantastic development with us taking possession of these 131 new apartments, as work continues to finish off the remaining 184 properties on site over the coming months before the development fully completes.
Chris Warren, Senior Operations Manager at Willmott Dixon, added: “We’re thrilled to be handing over the first phase of this flagship project in Northminster. This is a huge milestone for the Indigo development; it marks the start of high-quality, affordable housing being available in the centre of Peterborough.
“Many towns and cities are going through regeneration to transform our urban centres and reshape how people live, work, study and socialise. We look forward to seeing how this revitalisation project positively impacts on the local economy and wider community in Peterborough.”
Each of the 131 properties are being marketed at sub-market rent levels - set at 80% of private market rent levels and are suitable for anyone who has a connection to Peterborough and has a joint income of less than £80,000 a year. For further information contact LSH Residential by visiting the marketing suite on Cattle Market Road from 10am - 4pm, Monday - Friday, by phone on 07543 313035 or by email at indigo@lsh.co.uk. Viewings can also be arranged outside of office hours including evenings and weekends, by prior appointment.
Photo - from left to right, back to front: CKH Assistant Director of Housing Needs Ali Manji, Regional Director – LSH Residential Robin Harris, Building Manager – LSH Residential James Patterson, Divisional Director Drees & Sommer UK, Stuart Carter together with CKH Technical Director Gary Clarke being presented the keys from Willmott Dixon’s Senior Operations Manager Chris Warren.