Higgins has won a £75m contract to deliver 189 Passive House-certified homes for housing association Peabody.
The job, won by the firm’s Higgins Partnerships arm, in Deptford, south-east London, is said to be one of the largest Passive House-certified developments planned in the UK.
It is Peabody’s first foray into using the low-energy standard and the client said that its residents would significantly benefit from reduced bills and extra comfort and air quality.
The development will be made up of three eight-storey buildings, two of which will have large roof terraces, and a central landscaped courtyard.
Peabody development managing director Simon Barry said: “At a time when building new, affordable homes in the capital is increasingly challenging, our investment of more than £75m, including grant support, will provide nearly 200 homes for Londoners.
“As well as being fully affordable, they’re the first we’re building to Passive House standards. Every home will be low cost and low energy, helping to significantly reduce energy bills for residents while being better for the environment.”
The homes are part of a wider masterplan called Deptford Landings, being overseen by Lendlease.
Deptford Landings features a new 1,000-home community in the area with new homes, shops, a renovated pub, and green spaces connected to walking and cycling routes.
In February, the Higgins Group revealed a fall in turnover from £215.9m to £171.9m, and a pre-tax loss of £25.8m in the year to 31 July 2023.
It cited pauses on new schemes, an increase in remediation costs and a redundancy programme following a restructure as the cause of the performance.
