Gentoo has started work on three major developments as work draws to a close on two more.
The firm, which last month announced it needs to save £18million a year for the next four years, recently completed work on its £14million development at Haddington Vale, in Doxford Park.
As a responsible business we have always recognised the importance of combining physical, social and economic regeneration.Peter Walls
A total of 96 homes have been built on the latest phase of the Doxford Park masterplan.
Gentoo’s £16.3million Ryhope development is also nearing completion, with all but two of 143 houses, bungalows and apartments available for rent.
Work is also under way on new sites at Doxford Park, Downhill and High Ford, which will see a total investment of £45.8million, creating an additional 366 homes.
All 155 of the new homes on the latest £24million phase at Doxford are for sale.
The £10.1million Castle Rise development at Downhill will offer a mixture of 88 houses and bungalows, all featuring solar panels as standard. Thirty-seven will be for sale, and the rest for rent.
The £11.7 million Hillcrag development, at High Ford, will have a selection of 123 properties for rent, built over a three-year period and also featuring environmental measures, such as solar panels.
Gentoo Group chief executive Peter Walls said: “Our ongoing commitment to Sunderland continues with the delivery of even more high quality, affordable new housing for residents.
“As a responsible business we have always recognised the importance of combining physical, social and economic regeneration.”
Sunderland City Council leader Coun Paul Watson, said: “A vital part of the regeneration of our city is being able to provide people with a greater choice of homes and accommodation.
“Working with our development partners we can achieve that, with Gentoo’s investment a vital part of that process.”
Next development for Gentoo is the latest phase of the £9.26million Holmlands development in Houghton, which will provide 78 homes for sale early next year.