Gregory Property Group expands into residential development

Andrew Foggitt

Gregory Property Group expands into residential development

Gregory Property Group is expanding into the residential development market with plans underway for over 70 new house builds across four bespoke schemes.

The long-established Yorkshire developer, that is responsible for many regeneration schemes including the £40m Foss Islands retail scheme in York and the £40m Broad Street Plaza destination centre in Halifax, has now established Gregory Homes as a division dedicated to residential ventures.

Andrew Foggitt, who joined the Group in 2014 and is a well-known operator in the region, having managed a total asset value of £45 million across a number of roles, will lead the residential asset growth but also remain as director in charge of commercial ventures at Gregory.

He said: “As the property industry as a whole shows economic strengthening the time is right for us to increase our presence in the residential sector.

“We are now actively bringing forth our sector development expertise, in some cases working in joint venture partnerships, to deliver bespoke schemes that fit into the local environment whilst delivering against the regional housing shortage.”

Current developments underway include 12 mews style homes at a key site in Pudsey which completed last month and nine family homes in Monk Fryston which are approaching completion.

The group is also pursuing a joint venture with Robinson Developments to deliver 29 family houses in Eccleshill and Bradford.

Plans were also announced last week for a 22 home development in the Nidderdale village of Dacre Banks in a joint venture with Ridgefield Property.  An immediate start on site is planned.

Gregory Property Group has further ventures in the pipeline and is actively seeking land acquisition opportunities.

Established in 1985, Gregory Property Group has developed a track record in delivering sustainable property developments across the North of England.

In the last 32 years Gregory Property Group has developed or gained planning consent on more than three million sq. ft. of commercial development in the region, either independently or in joint ventures with other recognised property developers.