CPUK secures £6m Oldham housing contract
Its fifth residential contract in a row won by the firm, which is now on site building 186 new homes on five North West sites worth a total of £30m.
This latest contract includes the build of 54 homes - including nine apartments and 45 two and three storey properties - on the Wellyhole site for Hale-based House Crowd Developments.The homes will be built on the site of a demolished mill and a filled in millpond. CPUK will carry out remediation work before starting the construction phase.
CPUK is also working for House Crowd on a 36-home residential development in Mossley in Tameside in a £5.3m negotiated project.And in a successfully negotiated £5.4m contract with a repeat client, Newpark Group of Prestwich, CPUK is building 44 homes on redundant farmland off Crescent Road in Crumpsall.
The group is also on site in Hurst Green in the Ribble Valley, designing and building 30 new homes for Hillcrest Homes. It is CPUK’s fifth project with Hillcrest, the luxury homebuilding arm of Manchester based developer Nikal.CPUK managing director Steve Burke says the Wellyhole project is an indication of the growing strength of the residential sector across the region.
He said: “It is fair to say the residential sector is buoyant. We’re continuing to see an increase in the number of homes being built across the region as developers rise to the challenge set by the government to step up the pace of housebuilding.“The aim is to increase the number of homes built across the UK from 220,000 a year to 300,000. It’s an indication of the need to build that exists across the country.
“Buyer demand is also strong and the now well-established Help-to-Buy scheme has done a good job in both kick-starting and growing the market.“It has helped people to both get on and move up the property ladder. All in all, the residential sector in the North West is in a good place with developers eager to start on sites."
CPUK has also been chosen alongside property group Novo as a development partner to deliver the £6m regeneration of a car park site in Hale, Altrincham, which will feature 22 new homes and a multi-storey car park. CPUK Group is one of the North West’s leading independent building and civil engineering companies with an annual turnover of £65m.