Firm has also completed a second land deal in Great Kneighton, Cambridgeshire
Swedish construction firm Skanska has received full planning consent for its first residential development scheme.
The 6.5 acre site forms part of Countryside Properties鈥� Great Kneighton development, and will include 128 homes, both houses and apartments. Construction will start in the final quarter of 2011.
Skanska has also completed the purchase of its second development site, another plot in Great Kneighton, Cambridgeshire. The site covers around 12 acres and has outline planning permission for up to 310 properties.
The company expects to submit a detailed planning application for its second development during the first six months of 2012, with construction scheduled to begin later that year.
Magnus Andersson, president of Skanska Residential UK said: 鈥淭oday is a very exciting day for Skanska. To have achieved full planning consent on our first site and completed our second land deal is a key milestone in our UK residential development plans. Cambridge is an exciting market for us and we look forward to delivering our homes there, which will be based on sound sustainable principles and developed to Level 4 of the Code for Sustainable Homes.鈥�
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