Galliford Try Partnerships has sold the final 40 homes at Chase Park, its development of the former greyhound track in Ellesmere Port, to PRS provider Sigma Capital Group.
The business, the regeneration arm of the Galliford Try group, had previously disposed of 101 homes at the development, with 45 being brought forward on behalf of Cheshire West & Chester Council, representing the first council homes built in the local authority in 40 years.
The remaining 56 homes will be delivered for not-for-profit housing and care provider Sanctuary Homes.
Construction on the site started in October 2016 after CWAC granted planning permission to redevelop the site in July 2016.
Jonathan Peasant, development director at Galliford Try Partnerships, said: “We are delighted to have signed this deal with Sigma Capital which will see the final 40 units of our Chase Park site become available for private rent. Construction is already well under way and we are delighted to be bringing this fantastic project forward.
“This is the first deal Galliford Try Partnerships has signed with Sigma, marking the start of a great relationship with one of the leading players in the private rental sector.”
Matthew Townson, development director at Sigma, added: “This is a fantastic regeneration project and we are very happy to be able to come on board and deliver the final 40 units. Chase Park is in a great strategic location.” The Sigma homes could be available from July.
The ten-acre site includes a mix of apartments and housing and also includes a sports pitch.