Plans for new homes in Aberdeen take shape

Our joint partnership with Aberdeen City Council has reached an exciting milestone as the Shaping Aberdeen Housing business plan has been ratified by councillors.

We're pioneering change in the city, with plans to build, own and manage homes for rent targeted at a range of housing needs.

The latest milestone saw the five-year business plan for the Shaping Aberdeen Housing LLP receiving ratification by Aberdeen City Council. It gives the green light to begin the first phase of construction of up to 3,000 homes in the city. The partnership will help drive a change in the supply of affordable housing and meet the housing needs of Aberdeen's growing population.

The partnership will deliver 1,000 new affordable homes for rent, 1,000 new homes for private sale and the potential to create 1,000 further properties.

The deal is the first time a Scottish local authority has created a 50/50 partnership with a developer which creates both affordable housing and homes for private sale where the rental asset is retained in perpetuity by the Limited Liability Partnership.

We will use our experience in the development and management of housing to maximise returns and reduce project timescales.

Spades will hit the ground this year, with the priority projects being the development of 369 new homes at Summerhill, 56 at East Woodcroft and 91 at Craighall. Plans to develop sites at Kincorth and Greenferns are also progressing.

Over the next five years we expect to build over 900 new homes, with a substantial ongoing development pipeline of activity.

Colin Rae, Group Development Director at Places for People

"It's fantastic news that the proposals have received backing from councillors. This is an innovative partnership which we truly believe will help to transform Aberdeen through providing much-needed housing options for workers in the city.

"We're looking forward to work starting later this year and to welcoming the first of our new residents."

11 May 2017