Business
Lovell seal GBP36m project
Lovell seal GBP36m project.
About this update from Morgan Sindall Group Plc
[{"type":"text","content":"\n Morgan Sindall PLC\n09 August 2007\n\n\nMorgan Sindall plc\n\n9 August 2007\n\n\n Lovell seal £36 million urban regeneration project\n\n\nLovell, Morgan Sindall's affordable housing and urban regeneration business, is\nset to build a £36 million mixed tenure housing development at Mildmay Avenue,\nIslington, north London.\n\n\nThe 21-month project, set to start later this year with the first homes expected\nto be completed in early 2009, is being carried out in partnership with the\nIslington and Shoreditch Housing Association (ISHA). The project, Mildmay@N1,\nwill involve the development of 136 flats for a number of uses including open\nmarket sale, affordable rent and New Build HomeBuy shared ownership, through the\nhousing association.\n\n\nPaul Smith, Chief Executive of Morgan Sindall plc, coments:\n\n\n'Lovell is a market leader in the provision of mixed tenure affordable housing\ndevelopments, and today's announcement is testament to our ability to deliver\nhigh quality projects of this kind. We are delighted to be working with ISHA on\na scheme which will create a landmark new housing development for the area.'\n\n\nMorgan Sindall has recently established a new urban regeneration division, Muse\nDevelopments, following the acquisition of Amec Developments Ltd. Muse\nDevelopments specialises in delivering complex mixed use schemes. Morgan Sindall\nbelieves that the combination of Muse Developments and Lovell delivers\nsignificant advantages, further strengthening the Company's market leading\nposition in affordable housing and urban regeneration.\n\n\n Ends\nENQUIRIES:\n\nMorgan Sindall plc Tel: 020 7307 9200\nPaul Smith, Chief Executive\nDavid Mulligan, Finance Director\n\nBlythe Weigh Tel: 020 7138 3204\nTim Blythe Mobile: 07816 924626\nPaul Weigh Mobile: 07989 129658\n\n\nEditor's notes:\n\nLovell is Britain's leading provider of affordable housing. It is a member of\nMorgan Sindall plc, the construction and urban regeneration group, which\noperates through five specialist divisions: Affordable Housing, Construction,\nDevelopment, Fit Out and Infrastructure Services.\n\n\n This information is provided by RNS\n The company news service from the London Stock Exchange\n \n ","length":2568,"tagName":"div"}]