In the continuing £3bn infrastructure framework deal awarded to construction powerhouse Morgan Sindall and it’s housing division Lovell, the southwest is also included in its big investment plans.
Lovell, whose housing development expertise is geared towards affordable residences, is set to bring in growth into Devon and Cornwall with the launch of its southern region.
To bring these growth ambitions into reality, Lovell Southern will be under the helm of Andrew Johnston who brings with him years of experience as the former managing director of Galliford Try Partnerships. He takes the official post of Regional Managing Director at Lovell Southern and is excited to help fulfill the company’s growth ambitions in this side of England.
This investment also brings in key results in the region’s employment generation, targeting 100 direct hires and impacting thousands more through indirect linkages in the labor and supply chain as well as the local market.
These development indicators refer to the increase in housing capacity that the region will benefit from. This is in line with Lovell’s thrust of building a sustainable business built on their extensive expertise in housing-led generation, partnership ethos, and responding to the high and increasing demand for affordable homes.
Lovell Southern will have its base in Exeter, strategically servicing the geographical area of Plymouth in the west to Southampton on the south coast. In order to provide effective and efficient service, the new regional office will prioritise land acquisition and staff recruitment in its launching phase prior to operations.
Johnston is confident that the strong financial position and support of the Morgan Sindall Group will enable Lovell Southern to address the housing gap and help local partners meet their business goals as well.
Stuart Gibbons, managing director of Lovell London and Southern, is also confident that with Johnston’s vast experience and proven track record in business development, the region is in capable hands.
The company has piqued the excitement of Devon and Cornwall which anticipates more news of its housing developments in the region.