A joint venture between Orwell Real Estate and Housing Growth Partnership has secured finance to build a landmark build to rent scheme in Basildon town centre.
The project comprises 492 flats and around 1,650 sq m of commercial space, significantly contributing to Basildon’s £600m regeneration masterplan.
Contractor Ernest Park is believed to be lined up to deliver the scheme as both project manager and main contractor. Gardiner & Theobald is acting as cost consultant and MTT the mechanical and electrical engineers.
Maslow Capital has provided a £74m development loan to fund the scheme, which will comprise three interconnected mid-rise towers ranging from 12 to 17 storeys, connected via a ground-floor podium.
Beyond meeting housing needs, the scheme will target an EPC rating of A or B and integrate renewable technologies such as Air Source Heat Pumps, highly efficient LED lighting, and an ambient loop system for heating and hot water, reflecting a strong commitment to sustainability.
FIXEDD 
