Family Mosaic to build Ealing homesComments Off on Family Mosaic to build Ealing homes
Housing association Family Mosaic has snapped up a site in Ealing to help meet its target of building 1,000 homes a year.
The firm has paid £6.2 million to Mizen (Acton) for the site where it wants to develop 37-homes scheme Rosebank Works. Construction will finish in 2018.
It will include 16 properties for shared ownership, 12 for social rent and nine for private sale.
Phil Church, regional development manager at Family Mosaic said: “This is an exciting development in the heart of Acton that will greatly benefit from Crossrail.”
Family Mosaic built 600 homes last year and wants to build 1,000 annually.
Other sites it has purchased this year include in Lewisham where it is planning 49 properties.
Meanwhile it emerged earlier this month that Family Mosaic is planning its first move into the private rented sector, following other London landlords including L&Q and Genesis.
It will use an external agent to manage the properties it develops, unlike many associations which manage PRS properties alongside social housing stock.