Thames Valley Housing (TVH) appointed Rydon as their delivery partner for a new £11.3m development on the site of the former Newman House office block in Horley, Surrey.
The completed scheme 'Russell Square' comprises 90 one and two-bedroom apartments with shared courtyard space built above 1,100 square metres of commercial space and car parking for 89 vehicles. It is six storeys at its highest point and occupies a central location on the corner of Victoria Road and Russells Crescent.
75 homes were made available through TVH on a shared ownership basis with the remaining 15 available through affordable rent. The shared ownership homes were available from 40% shares, ensuring local people could afford to buy. The rented homes offered local families the opportunity to benefit from a 20% discount on their monthly rent.
The retail space comprises one large unit of around 500 square metres and three smaller units of around 200 square metres.