Midlands-based Morro Partnerships has been appointed at at Rolleston Drive in Arnold and will start work on the scheme this month.
Ilke went into administration last June with massive debts including £68m to Homes England and £17m to subcontractors and suppliers.
The Homes England-backed scheme, known as Birch Fields, will have 45 two-bedroom homes, 73 three-bedroom homes and 13 four-bedroom homes and will be available for either shared ownership or affordable rent.
Garnet Fazackerley, Operations Director of Development at Jigsaw Homes Group said: “This has been an incredibly challenging time following the collapse of ilke Homes in June 2023.
“However, we remained committed and confident that we could find a suitable partner who could complete the scheme and provide much-needed affordable homes and we are delighted to be working with Morro Partnerships to complete this development.
“The homes will have NHBC warranty following stringent quality and compliance checks and will be finished to a high standard as they have been kept watertight and secure since the development stalled.
“We appreciate the patience from Gedling Borough Council, Homes England and local residents as we know this has been a frustrating time for all concerned, but we are now on the right track to deliver new homes for those most in need.”
Giovanni Corbo, Head of Technical and Design at Morro Partnerships said: “As a sustainable partnerships’ developer, we are keen to showcase our delivery of affordable homes on this project and complete the homes on this much needed affordable housing scheme, though a modern and sustainable form of build system.
“Morro specialises in the delivery of affordable high efficiency homes developments in the Midlands for Registered Providers and Local Authorities, and our current pipeline of over 2,500 plots will help meet the growing demand for affordable housing across the region.
“We are excited to be embarking on our first scheme with Jigsaw Homes and are looking forward to working with them on other developments to jointly deliver significant numbers of mixed tenure, highly efficient homes across the region.
“Works will commence on these high-performance modular homes in July 24 with phased handover of plots allowing new residents to occupy the homes within the first few months of our 12-month programme.
“We hope to engage with local subcontractors where possible as part of our sustainability policy.”
The first homes are expected to be completed in October with the whole scheme aiming to complete by September 2025.
