Dan Greener embarks on a second home development in County Durham, bolstered by FW Capital’s funding.
- Three sustainable family homes are set for construction at Station Town, featuring modern environmental efficiencies.
- The North East Property Fund supports this project, emphasising sustainable, affordable housing in the region.
- Developer Dan Greener collaborates with FW Capital, highlighting their strong partnership in property development.
- Completion of these homes is anticipated by the end of the year, contributing to regional housing needs.
Dan Greener, an emerging developer in the North East, has secured significant financial backing from FW Capital to undertake his second project in County Durham. This venture involves the construction of three family homes at Station Town, representing a pivotal moment in his property development career. The project is supported by the North East Property Fund, an initiative managed by FW Capital and backed by the North East Combined Authority.
The new homes are designed to meet modern environmental standards, incorporating features such as triple glazing, solar panels, and electric vehicle charging points. Additionally, each home includes a dedicated office space, catering to the contemporary demand for homes that accommodate remote working arrangements. Completion of these dwellings is expected by the year’s end, aligning with the growing need for sustainable and adaptable housing options.
Dan Greener expressed his satisfaction with the support from FW Capital, noting the successful collaboration with investment executive Lewis Blakelock. He regards FW Capital not merely as a financier but also as a strategic partner in development. This project marks Greener’s transition from a single residential construction to a more complex multi-home site, with further developments anticipated in collaboration with FW Capital.
FW Capital, through the North East Property Fund, plays a crucial role in fostering new residential projects by offering significant loans ranging from £250,000 to £2 million. Since its inception in 2017, the fund has achieved a substantial investment footprint, contributing to the construction of 227 houses and the development of commercial spaces across the region.
The partnership between Dan Greener and FW Capital exemplifies the strategic collaboration necessary to address the demand for quality, affordable housing. Their joint efforts underscore the effectiveness of regional investment initiatives in energising development activity and fulfilling housing needs across the North East.
The collaborative efforts between Dan Greener and FW Capital highlight the transformative impact of regional funds in advancing sustainable housing projects.
