Groundbreaking housing co-operative has welcomed its first residents

We are delighted to have cut the ribbon on a new co-operative housing scheme – the first of its kind in Carmarthenshire and one of just three being piloted in Wales.

The £3 million housing scheme was developed by Morganstone for  Pobl Group, in partnership with Welsh Government, Carmarthenshire County Council and the Wales Co-operative Centre.

This style of co-operative scheme is one of only three such developments being piloted in Wales and will see co-operative members take on management responsibility for their  own homes.

The Old Oak homes were designed by Rio Architects and the scheme consists of two, three, and four bedroom homes.

Our Managing Director, Ian Morgan, said: “We are delighted to see this groundbreaking housing scheme come to fruition and I am confident that many generations of families will enjoy living on the Old Oak development, which is adding valuable new homes to the housing stock in Wales.”

Jonathan Hughes, Director of Development (West) at Pobl Group, said: “This has been a very satisfying project to work on and we are delighted to be able to provide 27 valuable new homes in Carmarthen.”

At the end of last year Morganstone and Pobl treated people living near the  Old Oak development, to a tea party and fun day to say thank you for their patience and support during the Old Oak construction.