Vistry is set to develop 600 homes on newly acquired land in Finchwood Park, marking a significant expansion in Wokingham.
- The project involves building a mix of one and two-bedroom apartments, alongside two, three and four-bedroom houses.
- Detailed planning permission has been secured for the first phase of 256 homes, integrated within a larger 1,500 home development by Cala Homes.
- Key community amenities such as sports facilities and open spaces will accompany the residential proposals.
- Construction is anticipated to commence in January 2025, aligning with Vistry’s ambitious national housing strategy.
Vistry has successfully acquired five parcels of land at Finchwood Park in Finchampstead, near Wokingham, allowing the firm to progress with plans to construct 600 mixed-tenure homes. This development forms part of a larger scheme spearheaded by Cala Homes, which will ultimately provide 1,500 new residences. The involvement of Vistry, one of Britain’s largest house-builders known for their commitment to offering affordable housing options, underscores the significant scope and ambition of this project.
Initial planning permissions have been established for the first tranche of homes, comprising 256 residences, which will feature a diverse range of housing options. These will include one and two-bedroom apartments as well as two, three, and four-bedroom houses, catering to various lifestyle needs and market demands. The strategic location and design are intended to foster a thriving community atmosphere in the expanding region.
John Richards, Land and Planning Director at Cala Homes Thames, commented on the positive progression, noting that the land transaction would enhance housing delivery speed and community development. Richards highlighted the complementary community features already underway, such as public open spaces, allotments, sports pitches, a pavilion, and a neighbourhood centre, alongside the newly completed Nine Mile Ride extension.
Vistry anticipates breaking ground in January 2025, as part of its broader strategy to deliver approximately 18,000 homes this year nationwide. The project aims to leverage Vistry’s extensive experience in the construction of mixed-tenure residences, including both rentable and open market properties. By integrating these homes into the wider community development, Vistry seeks to address housing needs while promoting sustainable and inclusive growth.
The Finchwood Park development by Vistry and Cala Homes signifies a vital step forward in addressing regional housing demands while enhancing community infrastructure.
