The combined investment will see the house builders delivering 400 homes in the first phase of the development that will boost the trades and create new jobs.
Brian Nearney, Commercial Director of the North West Cambridge Development said: “Our partnerships with Countryside and Hill mark another major chapter in development.
“Both developers have demonstrated to the University that they will create new homes that will meet our objectives of sustainable living and exemplar design. We look forward to working with them in delivering this new quarter of the City.”
All 400 market homes as well as the 700 University key worker homes that are part of the first phase of the development will be designed to high levels of sustainability meeting the Code for Sustainable Homes Level 5.
They will be integrated into the Sustainable Urban Drainage System including the UK’s largest non-potable water recycling system, as well as the district heating network, and make extensive use of photovoltaics.
Hill, working with Pollard Thomas Edwards and Alison Brooks Architects, and Countryside, working with Proctor and Matthews Architects, will deliver a mix of housing types, including apartments, terraces, semi-detached and detached houses for the scheme.
Graham Cherry, Chief Executive of Countryside’s New Homes & Communities division said: “We are delighted to have been selected by the University of Cambridge to help create a dynamic new district that will form the next chapter in the evolution of Cambridge.
“Working with Proctor and Matthews we will use our design and place making skills to create a quarter that will set new standards for 21st century living.”
Brian Buckingham, Partner of Bidwells said: “It is exciting to have worked with the University to secure two strong local developers from the competition to deliver the market housing – they will set the benchmark for the quality of homes for the later phases of the scheme and underpin the ambitions of the University to create a long-lasting place.”