SNG partners with YTL Developments on affordable homes for Brabazon
We’ve entered into a partnership with YTL Developments for high-quality affordable homes at Brabazon, the thriving new town for Bristol and the West of England.
YTL Developments is rapidly transforming one of the largest brownfield sites in the UK into a vibrant neighbourhood north of Bristol with 6,500 homes, of which more than 1,700 will be classed as affordable.
It will also be home to the new Bristol Brabazon railway station and have enough commercial space for up to 30,000 new jobs, making it one of the most exciting and sustainable places in the West of England.
The partnership between SNG and YTL Developments will support the delivery of affordable housing, providing genuinely affordable homes needed to meet the housing demands of a growing urban area.
Brabazon has been shortlisted as one of the government’s New Towns – a designation which will speed delivery of thousands of new homes and jobs, alongside the vital public transport and infrastructure needed to support sustainable growth. This includes the opening of Bristol Brabazon railway station this autumn, the new m4 Metrobus service which is now operational, and over 86 acres of new public parks, squares and green spaces.
By working together over the long term, SNG and YTL Developments aim to create a coordinated and sustainable delivery model which provides certainty for residents and investment partners.
SNG and YTL Developments are also in advanced negotiation to establish a long-term office base for SNG within one of Brabazon's flagship commercial buildings. The masterplan for Brabazon includes over 3 million sq ft of prime office and employment space.
We already have a strong presence in the area, with approximately 1,700 homes across Bristol and South Gloucestershire. We’ve also delivered around 30% of the affordable homes already built at Brabazon.
Over the next 10 years, we plan to build 22,500 new homes across the South of England, all designed to meet its sector leading Homes and Place Standard.
Charlie Stevens, SNG’s Regional Managing Director – West, commented: "SNG and YTL Developments share an ambition to create well-designed, thriving neighbourhoods and support the long-term success of one of the South West's most significant regeneration projects. This partnership will help us to develop innovative solutions that balance housing need with residents' aspirations, while ensuring new communities remain financially sustainable, inclusive and great places to live."
Seb Loyn, Director of Planning and Development at YTL Developments, said: “Partnerships are the only way to address the full breadth of the housing challenge. By working together, we can combine expertise, resources and ambition to deliver the quality homes and thriving communities that people need.”