The partnership is Cardiff Council’s second housing programme following the success of its Cardiff Living scheme delivered by Wates, and forms part of its wider development plans to deliver more than 4,000 new homes in the city, including at least 2,800 new council homes.

The Vale of Glamorgan Council has also embarked on an ambitious house-building programme committing £920m to the development of new Council homes over the next 30 years, aiming to deliver at least 880 new homes through the partnership with Lovell.

The collaboration is the result of the two authorities’ commitment to help tackle current housing pressures by delivering at least 2,260 new homes over the next 10 years.

Lovell has been selected through a process run jointly by the Savills Housing Development & Regeneration and Cardiff Development teams, to build the new homes, at least half of which will be affordable properties to be retained by the Councils for social rent or shared ownership schemes. The rest will be sold on the open market.

James Duffett, Lovell managing director for South Wales said: “Lovell’s regional team have been based in Cardiff for over 40 years.

“It is our home, and we can see that the need for more homes, and more affordable homes, for local people is growing all the time.

“That is why we are delighted to be selected by Cardiff and Vale of Glamorgan Councils as their partner for this ambitious and transformational programme.  This is not only the chance to deliver those homes, but also for employment and skills, economic investment and opportunities for young people – and we can’t wait to get started.”