A BUSINESS has launched a joint venture housing development on land off Meadow Lane and Moorfoot Lane in Cononley.
Leeds-based CurveBlock is seeking to revolutionise the UK’s approach to green and energy efficient homes by allowing ordinary investors to invest in real estate development.
Working in collaboration with its Angel Investors, the business has secured full planning permission for development of the Calvert Homes owned site in Cononley to provide 25 new homes.
Houses will include two, three, four and five-bed properties, with a mix of terraced, semi-detached and detached homes.
Work has already started on the site of 25 new homes in Cononley. (Image: UGC)
Construction started in the first quarter of this year and over 20 per cent of the homes have already been reserved off-plan.
Founded in 2018 by Gary Woodhead, Joey Jones and Matthew Couch, CurveBlock finances and builds carbon neutral, energy positive homes – meaning their homes produce more energy than they consume – which can help to reduce people’s energy bills, and help the UK meet its climate change targets.
The UK’s housing stock is currently responsible for around 25 per cent of the UK’s total greenhouse gas emissions.
CurveBlock believes it can provide an innovative solution to meeting the UK’s need for good quality, carbon zero, energy positive homes, which will help the UK meet its net-zero targets, reducing energy consumption and tackling fuel poverty.
The UK Government has said it wants to build 300,000 homes every year in order to meet the UK’s growing need for decent and affordable homes. CurveBlock believes innovative start-ups and SMEs could help the UK meet its targets.
CurveBlock CEO and co-founder Gary Woodhead said: “This is a very significant milestone for us. We recently took a strategic position in this site, which is actually owned by some of CurveBlock’s investors.
“In terms of the circular economy, there are hundreds of tons of drystone wall on the site – it looks to be York sandstone.
“Instead of just selling this off for a quick profit into the reclamation industry, this is going to be recycled and used on-site for such things as boundary walls, which will ultimately look more aesthetically pleasing for the development.”
Joey Jones, co-founder of CurveBlock said: “We passionately believe that addressing the UK’s need for good quality, sustainable housing can only be met through embracing innovative solutions, and that all new developments in the UK should be built to carbon-zero standards in order to meet its carbon reduction and Net Zero targets.”