A luxury development is moving forward in Durham following the appointment of a main contractor.
Banks Homes, the regional housebuilding company set up by the Banks Group earlier this year, has chosen Gateshead-based Aston Walker Developments to lead on the creation of nine new detached luxury homes at the prestigious Mount Oswald site in Durham City. The Symeon Court development will include four four-bedroom and four five-bedroom houses as well as a ‘super-luxury’ six-bedroom property, and will be accessed directly from South Road via the gate houses at the entrance to the Mount Oswald estate, which will also be rebuilt as part of the project.
Each of the properties will have its own private garden and will be set in the landscaped grounds and woodlands at the centre of the wider Mount Oswald development. Aston Walker Developments will deliver the project, with the support of Newcastle-headquartered IDP Architects LLP and Gateshead-based engineering consultancy Shadbolt Group.
- Read more: Fenwick returns to profit with help of major sale of London property
- Read more: North East shopping centre snapped up by London investors in undisclosed deal
Durham City property firm Urban BASE is already working as sales agent for the new homes. The construction project will involve more than 100 people and the first of the new properties is expected to be ready by next summer. Founded in 2018, Aston Walker’s team specialises in the residential property sector and has acted as lead contractor on several housing developments around the region.
Nathan Walker, director at Aston Walker, said: “Mount Oswald is a real landmark location and offers the opportunity to create something truly special. We look forward to employing local companies which will support numerous employment opportunities within the community. Banks shares many of the values that we work to ourselves and it’s exciting for us to be chosen by them to lead on a project that will set the standards for executive housing in our region.”
Symeon Court will be the first project to be delivered by Banks Homes, which is focusing on sites of all sizes across North East England and Yorkshire. It is also currently progressing a large-scale residential development at West Rainton in County Durham.
The Banks Group has been moving ahead with its development proposals for Mount Oswald since they were first approved by Durham County Council more than 10 years ago. It was designed by Banks in support of the authority’s vision of Durham City acting as a driver of economic growth in the county, and now includes around 290 completed properties that have been built by David Wilson Homes and Bellway Homes.
More features for the site, including plans for a convenience store and coffee shop, are set to be revealed soon. Russ Hall, managing director at Banks Homes, said: “This part of the Mount Oswald site offers us the opportunity to create some outstanding executive homes in an unrivalled location, and Aston Walker is the ideal partner to lead on their delivery. Investing in the skills and expertise of suppliers based around our region has always been a priority for Banks and we’re very pleased with the high-quality team of North East firms that’s been assembled to help realise our plans for this unique development.
“Mount Oswald is continuing to evolve into the outstanding, high quality, low density, accessible new neighbourhood that we described at the very beginning of the project, and as a long-established Durham-based family business, we are proud to have been able to deliver on this vision.”