The development of 138 homes at St Machar Road in Aberdeen is funded through a Scottish Government grant totalling £9,574,100.
David Zwirlein, Hillcrest’s director of development and new business, said: “We’re delighted to be on site just in time for Christmas to get started on this much needed development in Aberdeen.
“In partnership with Robertson Partnership Homes, we will deliver 138 homes at affordable rents by June 2021. Aberdeen has long had a shortage of affordable housing and a development on this scale will have a huge impact on the area.
“Phase one of this development will see us deliver 103 homes for social rent and 35 for mid-market rent.”
Stewart Shearer, managing director of Robertson Partnership Homes, said: “The new homes at St Machar Road are part of an ambitious development that will result in a number of high quality accommodation options that will help address significant demand in Aberdeen.
“The investment is not only transformational for the area and the local community, but also offers significant opportunities for the local supply chain.”