It is Durkan’s seventh key site acquisition in the last 18 months as part of its targeted expansion of the Homes division in the Northern Homes Counties.
The deal will facilitate the delivery of one- and two-bedroom apartments and three- and four-bedroom homes on a key parcel of the Eddington site.
The development will also incorporate communal landscaped courtyards and private gardens.
The wider North West Cambridge Development, a community created by the University of Cambridge, will ultimately include around 3,000 new homes, academic space and community facilities – in addition to over 50 hectares of green space.
All homes will meet Code for Sustainable Homes Level 5 and be connected to the existing heat and power system through the provision of a district heating network, powered by an energy centre.
Bill Beyzade, managing director of house building at Durkan, said: “The parcel of land will be carefully designed to complement the existing area, and will be built through careful collaboration with the University of Cambridge, local stakeholders and Eddington residents.”
An application is expected to be submitted in October 2021 in the hope of a start on site by summer 2023.