A Harrogate-based housing developer has secured £150 million worth of funding to help support its plans for new homes across the UK.
Casa By Moda, which is based at Beckwith Knowle, has been granted an initial £60 million debt facility from NatWest, which will rise to £150 million.
The company said the deal will help to “accelerate our delivery of high-quality new communities across the UK”, which includes creating more than 1,100 rental homes.
The move comes as the firm recently acquired a 223-home site known as Abbey Court between Kirkstall and Headingley in Leeds.
Johnny Caddick, chief executive at Moda Living, said:
“This new funding package from NatWest is a major milestone in Casa’s growth trajectory. This year we will welcome our first residents into our neighbourhoods in both Glasgow and Leeds, but we’re also gearing up our programme of delivery which will see us achieve our aim of securing more than 5,000 new homes by 2025.”
Harrogate energy firm recognised by WIRED magazine
A Harrogate smart energy company has been recognised as one of WIRED magazines trailblazers of 2023.
The technology publication set up a trailblazer programme, in collaboration with HSBC UK, to shine a light on the innovative, mid-sized businesses.
Among them is Chameleon Technology, which is based on Otley Road.
Mike Woodhall, chief executive of Chameleon Technology.
The firm specialises in smart energy devices and recently delivered its 10 millionth in-home display this summer. It has manufactured on average 1.6 million devices a year.
Mike Woodhall, chief executive at the company, was invited to a celebratory event on behalf of WIRED at the Shears Yard in Leeds.
He said:
“The initiative celebrates companies across the UK that are contributing to the UK becoming a global hub of innovation.
“We are thrilled to have our work in the ongoing revolution of smart home energy recognised, and to join such an inspiring group.”
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Business Breakfast: Harrogate firm manufactures 10 millionth energy display device
A Harrogate company has manufactured its 10 millionth in-home display for smart meters.
Chameleon Technology, which is based on Otley Road, has supplied the devices to energy companies since 2012.
The devices connect to a home’s smart meter in order to show how much energy is being used.
The company delivered the 10 millionth in-home display this summer. It has manufactured on average 1.6 million devices a year.
An example of an in-home display manufactured by Chameleon Technology.
Mike Woodhall, co-founder and chief executive of Chameleon Technology, said:
“Manufacturing and delivering 10 million IHDs to UK households is a milestone to be proud of.
“Access to real-time energy data is a crucial step to enable low carbon solutions to have maximum impact and provide tangible benefits to all UK households.
“Continued uptake of smart meters, alongside the real-time data provided by IHDs, will help build a flexible, decarbonised and digitalised energy system that will benefit both the environment and consumers through lower energy bills.”
Housing developer acquires new site in Leeds
A Harrogate housing developer has acquired a 223-home site in Leeds.
Casa By Moda, which is based at Beckwith Knowle, will take on the site which is called Abbey Court and is based between Kirkstall and Headingley.
The company acquired the site from Artisan Real Estate and it is set to include 223 family homes.
The site in Leeds which has been acquired by Casa By Moda.
The houses will range from one, two and three-bedroom homes.
Matt Townson, director of development and projects at Casa by Moda, said:
“We’re entering an exciting phase with the delivery of our first neighbourhoods, and as a business headquartered in Yorkshire, Casa, Abbey Court is special for us, as it marks our first neighbourhood that will open in our home region.
“With demand for rental accommodation remaining high, our approach as a long-term owner and operator is to create not only high-quality, sustainable homes, but new communities that go beyond bricks and mortar by actively supporting the wellbeing of our residents.”
James Bulmer, regional director for Leeds-based Artisan Real Estate North, said:
“The collaboration with Casa by Moda provides a significant opportunity to deliver much needed new homes for rent in one of Leeds’ most desirable suburbs for young professionals and families alike, offering fantastic connectivity to the city centre.”
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Business Breakfast: Harrogate housing developer appoints new operations director
There’s not long to go until the Stray Ferret Business Club’s breakfast event on Thursday, 27 July at Banyan in Harrogate between 8-10am.
The Business Club provides monthly opportunities to network, make new connections and hear local success stories. Get your tickets now by clicking or tapping here.
A Harrogate-based housing developer has appointed a new operations director.
Casa by Moda, which is based at Beckwith Knowle, has hired Sarah Nelson to the position at the company.
Ms Nelson will be tasked with overseeing the strategic direction and management of the operations teams, as well as agreeing and implementing the firm’s vision to achieve long-term growth.
On her appointment, she said:
“This felt like a very natural move for me. The Casa brand, mission, and values of putting the customer at the heart of everything are aligned to my own personal values, so I feel a very close affinity with Moda Living’s proposition.
Straight away I knew I could both passionately commit and add a huge amount of value to the business.”
Stephen Rogers, Associate Director at Casa by Moda, added:
“Sarah is a fantastic addition to the growing Casa team at this crucial, exciting moment for the business.
“With her wealth of experience in the living sector, we’re confident that she will play a pivotal role in the growth of Casa as we look to open our first neighbourhood this year and work towards our goal of securing 5,000 new family homes by 2025.”
Harrogate Town announce new Kop stand sponsor
Harrogate Town has announced a new sponsor for the Kop stand at the EnviroVent Stadium.
The club has agreed a sponsorship deal with builders’ merchants GH Brooks, which is based on Claro Road, for the forthcoming season.
GH Brooks, which has been unveiled as new sponsors of the Kop stand at Harrogate Town.
Jo Towler, commercial director of Harrogate Town, said:
”We are delighted to welcome GH Brooks as the official sponsor of the Kop. The Kop is the heartbeat of our stadium, and the passionate support from our fans creates an incredible atmosphere on matchdays.
“We deeply appreciate GH Brooks’ commitment to our club.”
Andy Broadwith, director of GH Brooks, said:
“Having been involved with HTAFC for many years, we are proud to become the official sponsor of the Kop.
“As a local builders merchants, we are dedicated to supporting initiatives that enhance our community and are excited to contribute to Harrogate Town’s journey and be a part of their continued success.”