Miller secures quality homes contract
Published: 28 March, 2014
Miller Construction has reached financial close on a £78m construction project to deliver quality homes for older people in North Tyneside.
Through the joint venture, Solutions 4 North Tyneside (S4NT), Miller and its investment partner Equitix will develop 924 newbuild and refurbished units over three years, creating up to 500 jobs and transforming lives for tenants.
Work on this high-quality accommodation over 26 sites will begin at the end of March, with Miller providing construction services and facilities management being delivered through contractor, Lovell. The first of the 16 refurbished and 10 newbuild schemes will be completed by February 2015, with the final phases due to be concluded in 2017 for North Tyneside Council.
Chris Webster, chief executive of Miller Construction, said: “We are very pleased to have secured financial close on this project and look forward to starting work on six of the 26 sites, to deliver these facilities for the communities across North Tyneside.
“We have a track record of delivering high-quality and best-value community-based projects and have a strong geographic presence in this region with ongoing projects such as Stephenson Quarter in Newcastle and Queen Elizabeth Hospital in Gateshead. This latest scheme is in line with our strategy to provide end-to-end property solutions – not just to build, but also to fund and provide ongoing care for our clients’ properties and estates.”
Elected Mayor of North Tyneside Norma Redfearn said: “This is one of the biggest and most exciting schemes in the country and one which will make a real difference to older people in North Tyneside. By transforming and revitalising retirement homes available for rent, we will be able to offer modern, appropriate homes where people can live independently, even if their needs change.”
S4NT will carry out the refurbishment and construction work and will maintain responsibility for cleaning, repairs and maintenance over the 28-year contract.