Barratt

Barratt enters JV with Swindon Borough Council



Barratt Developments has entered into a 50:50 joint venture with Swindon Borough Council to build a large, mixed development.

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The scheme – which covers 250 hectares – will provide around 2,670 new homes over the next 20 years.

The development is also set to include two primary schools, a secondary school and an extensive area of open space.

David Thomas, group chief executive at Barratt Developments, said: "We are delighted to be selected by Swindon Borough Council as the preferred partner to deliver much-needed, high-quality new family housing for Swindon.

“Our shared vision for Wichelstowe is to design and create neighbourhoods which will be a pleasure to live on and will enhance the local communities for years to come."

The council will be providing the land and the infrastructure already in place, while Barrett – via its trading company BDW Trading Limited – will fund the remaining site-wide primary infrastructure, including some affordable housing.

Barratt will deliver serviced parcels for development in five phases and is the exclusive provider of the development and management services for the project.

Councillor Toby Elliot added: "I am very pleased that the council is entering into a joint venture with Barratt to deliver the Wichelstowe Development. 

“This will move us a step closer to realising what is one of the council's key strategic programmes."



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