Bromsgrove-based construction group Weaver has clinched its fourth project for specialist national developer Pegasus Retirement Homes.
The £3.6 million contract at Streetly, near Sutton Cold-field, involves the demolition of six derelict houses and site preparation prior to building 43 high quality one and twobed retirement apartments. The scheme is due for completion in July 2007.
In March, Weaver handed over its third Pegasus project, a £3.4 million development involving 39 retirement apartments at Union Road, Shirley, near Solihull. With a total value of £9.5 million, the Shirley site is designed to be sympathetic of the adjacent housing and is selling well, with ten apartments snapped up during construction.
Peter Lightfoot, joint managing director at Weaver, said: "Being selected by Pegasus once again is enormously pleasing for everyone at Weaver. Developing robust relationships with clients is at the heart of what we do and brings benefits for all involved through enhanced communications, a feeling of teamwork and greater mutual understanding."
Other Pegasus schemes in the region and also built by Weaver are a £1.5 million development of 15 apartments at Four Oaks, Sutton Coldfield and a £2 million development of 26 apartments at Jubilee Court, Cheltenham, which earned Weaver a national Contractor of the Year award.
Established in 1984, Pegasus Retirement Homes is one of the UK's leading developers of purpose-built retirement properties. To date it has sold more than 1,400 retirement apartments at 60 developments around the country.