Countryside expands successful partnerships model with East Midlands launch
Countryside, one of the UK’s leading home builders specialising in placemaking and regeneration, has launched a new region, announcing ambitious plans to expand its successful partnerships model across the East Midlands.
Countryside’s new East Midlands team is aiming to get 12 projects underway over the next 12 months and is targeting medium-term revenue of around £175 million per year in the region. It is actively seeking greenfield urban extension and brownfield regeneration sites in Nottinghamshire, Derbyshire, Leicestershire, Lincolnshire and Cambridgeshire, looking for opportunities to create mixed-tenure communities of between 50 and 3,000 homes focused on first-time buyers and young families.
Led by managing director Glyn Mabey, who has over 25 years’ experience in the industry, the East Midlands team is based at new offices at Grove Park in Enderby, Leicestershire. The move follows the acquisition of Westleigh and expands Countryside’s existing presence in the Midlands, where it already has a number of major developments through its West Midlands office, including Galton Lock, Lea Hall Gardens and Bilston Urban Village.
Working together with local authorities, housing associations and landowners to create high-quality places to live, the East Midlands team will aim to replicate the successes of Countryside’s partnerships businesses in the North and South, which contributed £342.4 million to Countryside’s overall revenues in the first half of 2019.
Glyn Mabey, Managing Director, Countryside East Midlands said: “We see significant opportunities in the East Midlands, where residential markets remain strong and house-price growth is outperforming the rest of the UK. With excellent connectivity, vibrant and cosmopolitan cities, seven universities and the Midlands Engine initiative, the economy in the East Midlands is booming. We look forward to working with partners, taking a design-led approach to create high-quality new places to live offering private for-sale, private rental and affordable homes, while generating a resilient business in all economic cycles.”
Other key individuals in the Countryside East Midlands team include Construction Director Phil McHugh; Operations Director Adam Daniels; Land Director Carl Oxley; Development Director Lee Griffin; Finance Director Phil Cotterill; and Sales and Marketing Director Mariana Knight.