Dan Greener advances in County Durham housing with FW Capital’s support.
- A North East developer seizes a six-figure fund to build three sustainable family homes.
- The development features modern eco-friendly elements like solar panels and EV chargers.
- The North East Property Fund enables significant residential and commercial growth.
- FW Capital’s partnership with developers bolsters affordable housing availability.
In County Durham, developer Dan Greener is utilizing a substantial funding package from the North East Property Fund (NEPF) to spearhead the construction of three family homes in Station Town. This marks his second venture in the region, aiming to meet growing housing demands.
Station Town’s properties will encompass sustainable features such as triple glazing, solar panels, and electric vehicle chargers, addressing both environmental concerns and evolving family needs including workspace at home. The homes are expected to be ready by the end of the year, lending a modern touch to the locale.
The NEPF, managed by FW Capital and supported by the North East Combined Authority, exemplifies its commitment by backing such residential projects. This partnership not only fuels the construction of sustainable homes but also demonstrates a dedication to nurturing new developers with necessary resources and support.
Dan Greener, reflecting on his progress, stated, “This is my second development, having previously completed a one-off new build housing project.” The project’s strategic location offers scenic views with fields surrounding the plots, enhancing its allure for potential homeowners.
Lewis Blakelock from FW Capital emphasizes the positive impact of supporting developers like Greener, illustrating how the fund aids in delivering affordable quality homes, “Dan has done a brilliant job at bringing sustainable homes to the market and meet the rising demand for affordable, quality homes.”
Since its inception in 2017, the North East Property Fund has marked substantial milestones, including reaching £50 million in investments. It has facilitated the construction of 227 houses across 51 developments, significantly contributing to the region’s residential and commercial infrastructure.
Dan Greener’s development initiative showcases the strategic use of financial backing to advance sustainable housing projects in County Durham.
