Cambridge Investment Partnership is an equal partnership between Cambridge City Council and Hill Investment Partnerships established in 2017 to address the housing shortage across Cambridge by providing high-quality brand new council homes and market sale homes, commercial and community facilities.
Through the creation of the partnership, we are investing in and transforming council-owned and other land across the city by bringing together the best of public and private sector expertise and providing homes that are fit for the future.
A year ahead of our initial target, to start at least 500 council homes by March 2022, as part of the £70m Cambridgeshire and Peterborough devolution grant, we are now on-site building over 500 new council homes, have completed eight developments, and are now working to delivering a minimum of 1,700 new homes, with 1,000 being council homes within 10 years, including the first Passivhaus accredited council homes in Cambridge.
Our partnership is based on shared aims and collaboration
Our success is down to collaboration, using our combined, complementary skills to work together closely as a team on the day-to-day delivery of the programme.
The council brings strong strategic and political links through its various local authority and partnership relationships. On a local level, the council’s significant public sector-led housing delivery knowledge and experience and enabling role helps identify the needs of the local community and prioritise the delivery of sites.
Hill Investment Partnerships brings investment, commercial and financial expertise together with its knowledge, skills, and experience in development and extensive market relationships.
Through the partnership, we are committed to driving forward new housing, creating highly sustainable homes that are fit for the future and taking a key role in the regeneration of the city for years to come.
- Invest in the development of land to create successful new places that meet both financial and social objectives.
- Improve the use of council assets and those of other public sector bodies in Cambridge to meet the identified housing need across the city.
- Optimise financial return through enhanced asset value.
- Deliver high quality sustainable new homes which are designed for the future and meet or exceed local sustainability policies
The environmental impact of new buildings and the inefficiencies of older buildings are an essential part of our development programme and we are committed to contributing to the City’s climate change objectives.
All our developments offer a high level of sustainability and are built in accordance with the Cambridge Sustainable Housing Design Guide. Our new sites are gas-free, four years ahead of the Government's target and we have submitted plans for the first Passivhaus council homes projects in Cambridge.
An extensive programme of public art has been commissioned as part of our programme of new housing. The public art projects across a number of our developments are being delivered by Resonance Cambridge and will see the delivery of events engaging with the existing community, together with artwork being installed in the new public open spaces being created at our new developments.
Find out more about our public art programme and our artists: