The development, called Elderwood Parc, will consist of 269 new homes and a 32-bedroom care home, and is being built by Lovell as a design and build scheme.
The £45 million project will create 201 open market homes available for sale through Candleston and 68 affordable homes available through Melin Homes, including a range of one and two-bedroom apartments and two, three and four-bedroom houses.
The care home will be managed by Monmouthshire County Council and feature individual ‘houses’ designed around a communal, courtyard garden.
Work on Elderwood Parc will take place over five phases, and take approximately four and a half years to complete.
James Duffett, regional managing director at Lovell, said: “We are thrilled that work has now officially started on Elderwood Parc in Portskewett.
“The development will provide much-needed, new homes for the local community, as well as a great place for them to live and work.
“We are delighted to be working in partnership with Melin Homes, Candleston, and Monmouthshire County Council to deliver this development, and are looking forward to continuing our successful partnership.”
Paula Kennedy, Melin Homes Chief Executive said: "We have worked hard to ensure the development considers the local community, complimenting the beautiful countryside, with a variety of options for active travel encouraging people to walk and cycle as well as electric car charging points. It has been fantastic to visit the site today, and to see first-hand how by working in partnership we can benefit communities and the local economy.
“Melin have already worked extensively with local schools and look forward to seeing how these partnerships flourish over the next few years. Through further partnership working we look forward to sharing more good news stories of local employment and apprenticeships. Great things happen when you work in partnership.”
Scott Rooks, Commercial Director of Candleston added: “This is our largest development to date following on from our first two developments at Coed Glas, Abergavenny and The Grove, Llanfoist. Candleston is a local leading house builder of high-quality sustainable homes, whilst making long-term investment into the communities we work with.
“The Crick Road development will offer a range of two, three and four-bedroom homes for sale. Our show home will be ready in early 2023, and we have already had a fantastic response.
Councillor Mary Ann Brocklesby, Leader of Monmouthshire County Council, said: “This project is an exciting step forward, in providing much-needed housing in tandem with the needs of some of the county’s more vulnerable residents. By working in partnership with these leading organisations this development will be delivered with all consideration to the local environment and the local community, and will provide a sustainable place for people to live, work and call home.”
To register your interest in Elderwood Parc, visit https://candlestonhomes.co.uk/elderwood-parc/.
To find out more about Melin Homes, visit www.melinhomes.co.uk.