Dan Greener advances regional development with FW Capital funding.
- The project involves three eco-friendly family homes in Station Town, Durham.
- Homes will feature sustainable amenities, including solar panels and EV chargers.
- Completion of these future-ready homes is anticipated by year-end.
- FW Capital continues to support regional housing initiatives.
In a strategic move supported by investment from FW Capital, Dan Greener is set to further strengthen his footprint in County Durham’s property landscape. He has successfully obtained a substantial six-figure funding package from the North East Property Fund (NEPF) to develop three family homes in Station Town, marking his second venture in the region. This development comes on the heels of a successful one-off housing project that Greener previously completed.
These new homes will be equipped with a range of sustainable features. Enhancements such as triple glazing, integrated solar panels, and Electric Vehicle (EV) charging stations are central to the project’s eco-friendly design ethos. Additionally, each house will incorporate home office spaces to cater to the evolving demand for flexible working environments, aligning with modern living requirements.
The North East Property Fund, administered by FW Capital and backed by the North East Combined Authority, is pivotal in enabling such transformative projects. The fund has been instrumental in offering developers financial avenues to bring their blueprint to fruition, thus driving the construction of quality and affordable housing in the region. Since its inception, it has attained an investment milestone of £50 million, aiding in the creation of 227 homes across 51 developments and facilitating 7,589 square feet of commercial space.
Dan Greener emphasised the invaluable partnership with FW Capital, highlighting their role as more than mere financiers but as developmental partners. “This is my second development, having previously completed a one-off new build housing project. The Station Town site is a small but perfectly formed site of three homes, positioned with fields at the front and rear of the plots,” he stated, expressing his enthusiasm for future collaborations and further expansion opportunities.
FW Capital’s Investment Executive, Lewis Blakelock, praised the initiative, commenting on its exemplary demonstration of the North East Property Fund’s capabilities in fueling residential property schemes. “Dan has done a brilliant job bringing sustainable homes to the market and meeting the rising demand for affordable, quality homes,” he noted, underscoring the fund’s commitment to enhancing regional housing dynamics.
Dan Greener’s second development in Durham showcases a promising blend of sustainability and modern living.
