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Hundreds of affordable homes at Brabazon will be made available through Sovereign Network Group in a deal struck with YTL Developments.

YTL Developments partners with Sovereign on affordable homes for Brabazon

Hundreds of affordable homes at Brabazon will be made available through Sovereign Network Group in a deal struck with YTL Developments.

YTL is transforming one of the largest brownfield sites in the UK into a new neighbourhood north of Bristol with 6,500 homes, of which more than 1,700 will be classed as affordable.

It will also be home to the new Bristol Brabazon train station and have commercial space for up to 30,000 new jobs.

Working together, YTL Developments and SNG will provide genuinely affordable homes to support the housing demands of a growing urban area.

SNG already has a strong presence in the area, with approximately 1,700 homes across Bristol and South Gloucestershire. It has also delivered around thirty per cent of the affordable homes already built at Brabazon.

Brabazon has been shortlisted as one of the government’s New Towns – a designation which will speed delivery of thousands of new homes and jobs, alongside the vital public transport and infrastructure needed to support sustainable growth.

This includes the opening of Bristol Brabazon railway station this autumn, the new m4 Metrobus service which is now operational, and over 86 acres of new public parks, squares and green spaces.

SNG and YTL Developments are also in advanced negotiation to establish a long-term SNG office base within one of Brabazon’s flagship commercial buildings. The masterplan for Brabazon includes over 3 million sq ft of prime office and employment space.

Over the next 10 years, SNG plans to build 22,500 new homes across the South of England, all designed to meet its sector leading Homes and Place Standard.

Seb Loyn, director of planning & development at YTL Developments, said: “Partnerships are the only way to address the full breadth of the housing challenge.

“By working together, we can combine expertise, resources and ambition to deliver the quality homes and thriving communities that people need.”

Charlie Stevens, SNG’s regional managing director – West, commented: “SNG and YTL Developments share an ambition to create well-designed, thriving neighbourhoods and support the long-term success of one of the South West’s most significant regeneration projects.

“This partnership will help us to develop innovative solutions that balance housing need with residents’ aspirations, while ensuring new communities remain financially sustainable, inclusive and great places to live.”

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