Catalyst starts on 100% affordable Oxford residential scheme
Catalyst has started work on a 100% affordable residential scheme in Temple Cowley, Oxford. The development will deliver a range of new affordable housing that will help meet an increasing housing demand in the city.
The scheme will deliver 48 homes in total, a mix of 35 one, two and three-bedroom flats and 13 three and four-bedroom houses. Designed by Hester Architects, the new neighbourhood will be made up of three apartment blocks and a series of semi-detached and terraced houses. 29 homes will be available for shared ownership and 19 for affordable rent, with the initial rents set at social rent levels. Catalyst has received Homes England funding so that all of the new homes will be affordable.
Tom Titherington, Executive Director of Property & Growth at Catalyst said, “Delivering this 100% affordable scheme in Temple Cowley demonstrates Catalyst’s ongoing commitment to deliver affordable housing to those that need it most. We will also be creating a new high-quality and well managed neighbourhood in this part of Oxford.”
Councillor Linda Smith, Deputy Leader for Oxford City Council said, “ The city council’s sale of this site generated a valuable contribution towards the modern Leys Pool and Leisure Centre which is now being enjoyed by residents from across East Oxford and beyond, and I’m delighted that the sale was to Catalyst Housing who are now starting work on a 100% affordable scheme, providing both homes to rent and shared ownership homes which will help residents currently priced out of Oxford’s expensive property market.”
Stephanie Ainsworth, Senior Specialist in Affordable Housing at Homes England said, “Homes England is pleased to support Catalyst to deliver these affordable homes through our investment. Homes England is actively working with a number of housing associations who have ambitious plans to build new homes, especially in areas of acute housing need.”
Catalyst purchased the site from Oxford City Council in December 2014 for £3.6million, and it is estimated that the homes will be delivered in autumn 2019. Mears New Homes is the construction contractors. Sales information on the shared ownership homes will be released early next year.
Catalyst owns and manages over 1,350 homes in the city of Oxford, and just under 800 across Oxfordshire County.
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Notes to the Editor:
About the site
Built on the site of the former Temple Cowley Swimming Pool, the scheme is situated to the southeast of Oxford City Centre and between Temple Road to the east and St Christopher’s Church of England Primary School sports field to the west and north-west.
Catalyst is one of the leading housing associations in London and the South East, managing over 21,000 rented and shared-ownership homes.
We are experts in placemaking and developing tenure-blind neighbourhoods. Our approach to creative design, effective urban planning and high quality development is underpinned by our long-term interest in our neighbourhoods. By adopting a stewardship role, we ensure that the places we help to create are well maintained, look great and remain desirable places to live. A prime example of Catalyst’s work is our flagship regeneration project in North Kensington, Portobello Square.
Catalyst Gateway, our social and economic investment arm, helps shape our communities with bespoke neighbourhood strategies that include initiatives such as youth mentoring projects, apprenticeship programmes, exercise classes and more. Catalyst Gateway also offers its services to vulnerable residents, with financial inclusion and parenting support.
For more information, please contact:
- Calum McConnachie – External Affairs Officer
020 8832 3139 | 07779 288 489