Business & Economy
Story Homes celebrates seven years and £47 million invested in local communities
February 22, 2021
Story Homes is celebrating its seventh year in business by forging ahead with growth plans amid the ongoing economic uncertainty.
The privately-owned North East housebuilder has delivered more than 1500 family homes across the region during its seven years in operation, with an overall investment of £47 million in local communities.
Now, it is continuing to invest in three key areas – local communities, new land opportunities and supporting future talent within the construction industry.
Story Homes currently has seven live development across the North East, which are set to deliver more than 200 homes this financial year.
More than £12 million is being invested into local community infrastructure throughout the life of these sites.
Four developments opened in the 2019/20 year, including St John’s Manor in Callerton, St Martin’s Green in Kirklevington, Priory View in Finchale and The Willows at Blackwell in Darlington.
These sites are set to deliver 540 new homes on land worth over £25 million.
Allan Thompson, managing director for Story Homes in the North East said: “The North East continues to be an important region for Story Homes, with seven live developments and several sites in the pipeline across the region.
“Although the last year brought challenges and economic uncertainty, we have still seen strong demand to deliver quality homes and the regional team will hand over more than 200 homes for the financial year 2020/21, as well as beginning works at our first development in Sunderland and progressing several schemes through the planning stages.
“Our aspirational growth plan will see us build over 1600 properties in the region over the next five years.”
Despite the pandemic disruption during 2020, Story Homes recently launched its trainee programme with the aim of recruiting the brightest and most passionate people across its regions.
So far, a trainee sales executive, trainee quantity surveyor and a technical trainee have all been recruited into the company’s North East division, and the ambitious individuals have already started their housebuilding career at sites across the region.
Allan added: “We believe investing in the future of housebuilding is vital, especially during these challenging times.
“To date, we have created more than 530 roles through our investment in the region, and this is forecast to rise as we continue our expansion.”