15th May 2006 07:01
Galliford Try PLC15 May 2006 MIDAS HOMES IS APPOINTED TO REGENERATE CAMBORNE Midas Homes has been chosen as the preferred development partner for a majorregeneration scheme that will bring new homes, jobs and increased prosperity toCamborne. National regeneration agency, English Partnerships, and CPR Regeneration,Cornwall's Urban Regeneration Company, jointly selected Midas Homes to redevelopthe former CompAir Holman site in the Dolcoath area of town. The selectioncriteria included sustainability, design quality and experience of communityconsultation. Midas Homes will now work with English Partnerships and CPR Regeneration on thedelivery of a mixed-use neighbourhood that will provide 390 homes and createaround 250 new jobs through the provision of offices and commercialopportunities suitable for small businesses. In response to local housing needs, 25 per cent of the new homes will be classedas affordable and a further 15 per cent reserved for first-time buyers. Improvedroad links, parking, public open spaces and new community facilities will createan attractive, safe place where people will want to live, work and relax. Bill Cawse, Managing Director of Midas Homes said: "We're absolutely delightedthat English Partnerships and CPR Regeneration have selected Midas Homes, partof the Galliford Try group, to regenerate the Dolcoath area in Camborne. MidasHomes is a familiar name to the area already as we have been involved inprojects in Cornwall for a number of years and we are pleased that our previousexperience and commitment to Cornwall has been recognised. "We are looking forward to starting work on this exciting regeneration schemeand are dedicated to creating high-quality homes for the Camborne community." Steve Jackson, English Partnerships' Senior Regeneration Manager was impressedby the quality of Midas Homes' submission. "We want to create a high-qualityneighbourhood in Camborne that provides local people with well-designed homesand helps to stimulate the town's economy. The award-winning team at Midas Homesshares our aims and has a proven track record of delivering schemes on thisscale. "Together with our partners at CPR Regeneration, we will transform the formerCompAir Holman site and make a really positive impact on the future ofCamborne." Nigel Tipple, Chief Executive of CPR Regeneration, said, "Midas Homes has atrack record for high quality development and has won a clutch of nationalawards so we know they will bring their excellence in design and construction tothis exciting new project for Camborne. Attracting a company of this calibredemonstrates how the private sector is really starting to take notice ofCamborne, Pool and Redruth and we will continue to work with our partners topromote the many development opportunities in the area." The mixed-use regeneration project will feature innovative building designs,using locally sourced granite, slate and other materials. It will be acontemporary development, which is environmentally sustainable and will benefitfrom the eco homes rating of excellence. Work on the scheme will commence in summer 2007. For further information or to register interest log on to www.midashomes.com Notes to editors: The Galliford Try Housebuilding Division comprises Midas Homes and Gerald WoodHomes operating in the South West; Try Homes in the South East; and StamfordHomes and Chartdale Homes in the Eastern counties. www.gallifordtry.plc.uk Current developments include:An Henlys - HelstonPondsmere - NewquayThe Village - St AustellOne-Four-Seven - BidefordMeadow Brook - BarnstapleThe Pines - HeathfieldBishops View - BishopsteigntonNewcourt - TeignmouthGreat Cliff - DawlishThe Retreat - ExmouthFleet Court - SeatonThe Barns - IdefordNorah Fry - Shepton MalletPipers Gate - CheltenhamAshe Grove - ChippenhamFonthill - TorquayBroadclose - BudeParsons Place - HolsworthyTR1 - Truro (coming soon)Sarlsdown Road - Exmouth (coming soon)South Molton (coming soon) E N D S MEDIA CONTACTS: Emma Mackay or Andy Addison on 01626 357652 or [email protected] This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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