Round Hill Capital has signed the agreement with the municipality of Utrecht and other land owners to create a new city district within the Merwede Canal Zone.
By signing the agreement, they have committed to a long-term cooperation with each other and the neighborhood. The plans will include a new community of 6,000 new homes, with more than 3,000 affordable homes and supporting amenities, in the Utrecht area.
The agreement is a significant milestone for the development, acquired by Round Hill Capital in 2018 as a joint project with real estate developers G&S Vastgoed and Boelens de Gruyter, and allows for design plans to proceed for the first phase of construction of 1,075 new highly sustainable homes.
