A joint venture partnership between Vistry Group, the UK’s leading provider of mixed-tenure homes, and Kier Property – who (as part of the Kier Group), invest in and develop mixed-use urban regeneration sites across the UK has acquired a significant parcel of land at Holme Meadows in South Wokingham, where they will deliver 343 new mixed-tenure homes as an initial phase in one of Berkshire’s major strategic growth locations.

The initial phase of the project will see the construction of 343 homes on a serviced parcel of land, with a further 298 plots identified for delivery in future phases. The development will follow a mixed-tenure model, comprising 65% private sale homes and 35% affordable housing, aligning with the long-term vision for balanced and sustainable communities in the area.

A reserved matters planning application is currently under consideration, with a decision expected shortly. If approved, construction is expected to commence on site later this year. Homes will be delivered to meet local demand and will combine quality, sustainability, and a strong sense of place across both private and affordable tenures.

Located within the wider South Wokingham strategic development location, the site forms part of Wokingham Borough Council’s vision for over 1,400 new homes, alongside vital infrastructure, green spaces, and community amenities. The development benefits from a sought-after location with strong transport links and access to planned schools, public open spaces, and other facilities.

Trevor Wicks, Managing Director at Vistry Thames Valley, commented: “This acquisition marks a pivotal step in our partnership with Kier Property, who share our ambition to bring this significant development to life with high-quality, mixed-tenure homes. We are committed to creating a sustainable community that meets local needs and supports the wider infrastructure strategy for South Wokingham.”

Leigh Thomas, Group Managing Director at Kier Property, said: “We’re proud to be moving forward with this important development within our key strategic partnership with Vistry. South Wokingham is our third scheme with Vistry and is a key location that offers a unique chance to deliver a thriving, well-connected and sustainable community that complements the overarching masterplan.”