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Homes England boosts Basildon development

Words: Laura Edgar
Beechwood West / Swan Housing Association

Swan Housing Association has received a £30 million loan to help to develop its Basildon regeneration schemes.

The loan, from government agency Homes England, will go towards the redevelopment of the Craylands Estate, which will be renamed Beechwood Village, and the Laindon Shopping Centre.

The shopping centre will become Laindon Place.

More than 550 new homes are being built at Beechwood Village, up to 110 of which will be affordable. This is in addition to more than 400 homes, retail units and a community centre that have been completed in earlier phases.

At Laindon Place, 210 homes and over 7,000 square metres of commercial space will be developed. When completed, the area will comprise a new high street with shops, a supermarket, and a new health centre.

Almost all of the homes will be built off-site at Swan’s factory in Basildon, using pre-manufactured modular construction techniques.

Homes England agreed to the loan as part of its £290 million Estates Regeneration Fund, which aims to accelerate the regeneration of estates. The money will enable Swan Housing Association, with partner Basildon Borough Council, to develop both schemes at the same time.

Geoff Pearce, executive director, regeneration and development, at Swan Housing Association, said the funding “will enable us to build much-needed high-quality homes, more quickly, at both Beechwood Village and Laindon Place”.

“These homes will be built both using our state-of-the-art modular factory in Basildon and by traditional methods of construction. This partnership helps Swan towards our ambitious target of building an additional 10,000 homes by 2027 and Basildon towards its strategic growth goals for the borough.”

Sir Edward Lister, chairman of Homes England, said: “Homes England strongly supports the use of modern methods of construction (MMC) as a means of delivering good-quality homes at pace, so it’s great to see these methods being used to build better homes faster in Basildon.”

It is expected that work at both sites will be completed by autumn 2024.

Image credit | Swan Housing Association