Republic-of-Ireland-based real estate builder Bennett Construction has received a contract to construct a single-family housing development in Cambridge, England, UK.
Valued at £116m, the contract has been secured by the company alongside developer Present Made and financial partners Nuveen and Apache Capital.
The project encompasses the construction of 373 single-family housing units in Eddington.
The company has already obtained planning permission for the development, with on-site work set to begin later this month.
Present Made will be overseeing the project, which is scheduled to be completed in 2025.
Bennett joint managing director Paul McGee said: “We are thrilled to embark on this journey with our new client.
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By GlobalData“This project exemplifies our unwavering commitment to excellence in construction and our dedication to creating exceptional residential spaces.
“We look forward to delivering a project that not only meets but exceeds our client’s vision.”
The project aims to achieve Level 5 of the Code for Sustainable Homes and is intended to be compatible with the new national Part L Building Regulations.
Bennett construction director Mark Keyes added: “This significant win reinforces Bennett Construction’s reputation as a trusted and dependable construction partner, known for its professionalism, quality work, and on-time project delivery.
“The company is eager to break ground on this new project and is committed to making it a resounding success.”