CITU BEGINS WORK ON £16MILLION MMC

Sustainable Scheme Funded By Close Brothers

Citu, a leading sustainable developer, has started construction on a 51 unit MMC scheme of low energy homes, designed using the Passive House Principles, with a Gross Development Value of £16million

The properties are designed to passive house standards using the passive house planning package (PHPP). The homes will heat the hot water using air source heat pumps and will use Mechanical Heat Recovery Ventilation (MHRV) units to regulate the internal air quality and temperature. The MHRV units, combined with the high levels of insulation, mean that energy required for heating is around five times lower than the average UK house. The use of 100% on and off site renewable electricity, as opposed to gas, significantly reduces the carbon footprint, whilst also equating to lower bills than the average home. The development will be set up as a Community Interest Company (CIC) and have a solar array, which will be co-owned by all of the residents and will provide a source of clean, renewable energy on-site.

Located on the banks of the Leeds-Liverpool canal, the homes at Stall will border a green corridor that passes Kirkstall Valley Nature Reserve and the famous Kirkstall Abbey, providing a convenient route for cyclists and pedestrians directly into central Leeds. There will also be a wealth of natural landscaping and the preservation of existing trees incorporated in the design of the scheme.

Jonathan Wilson, Managing Director at Citu, comments “Our partnership with Close Brothers has enabled our business, and the communities we are building, to grow. We are excited to collaborate on this latest venture in Kirkstall and deliver places and homes with purpose that give equal priority to people, nature and high-standards of living.”

Daniel Joyce, Director at Close Brothers Property Finance, comments: “Building sustainable housing has never been more important and we are committed to funding futureproofed homes, which are designed to reduce their carbon footprint as well as energy usage. We have a strong track record of supporting low carbon developments in the UK and working with the very best developers in the industry to move MMC and passive housing from being a one-off bespoke design model, to a reality for everyday homeowners. Developers such as Citu are leading this charge, we’re proud to be supporting them on their journey and look forward to continuing to work with them.”

For further information on Stall please visit: https://citu.co.uk/citu-live/citu-arrives-in-kirkstall

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