Barratt Developments in JV with Swindon Council
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Barratt Developments and Swindon Council on Thursday said they had formed a joint venture to develop approximately 250 hectares of land with around 2,670 new homes over the next 20 years.
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The project, to which Barratt is contributing up to £183m, also includes two primary schools, a secondary school and an "extensive" area of open space.
Swindon Borough Council will contribute the land and infrastructure already in place while Barratt funds 100% of the remaining site-wide primary infrastructure, including "a portion" of affordable housing.
"Barratt will deliver serviced parcels for development in five phases and is also the exclusive provider of the development and management services for the site," the company said.