Cambridge-based property developer Laragh Homes marked ten years in business with a celebration at the Museum of Archaeology and Anthropology in Cambridge on June 15th 2017.
Established in 2007, when managing director Simon Somerville-Large spotted an opportunity in the local market for more bespoke housing, the company now has ten employees based at its office in Godmanchester. In that time, they have forged exceptionally strong relationships with a number of investment partners, one of whom they have completed ten projects with ranging from apartment conversions to high-specification housing.
Specialists in smaller developments with quality and design a priority, to date Laragh has developed over 200 homes across sixteen sites. Another 41 homes are in build at the moment, with over 300 more in the pipeline. The company works with a number of private investors and house-builders including Rheebridge, Houghton Homes and EW Pepper. It has also been at the forefront of development based on a combination of public and private funding, such as the development at Manor Farm, Stretham which includes landowner Peterhouse, a Cambridge University College, and the Stretham and Wilburton Community Land Trust who will own the properties and manage them going forward.
Mr Somerville-Large said “The developments that we’ve successfully completed in the past decade are testament to the hard work and commitment of the whole Laragh team as well as the many partners that we work with from the wider construction industry. I am particularly proud of our work as part of the consortium bringing the Manor Farm project to fruition. It’s currently one third of the way through, and is our largest development at 75 properties.”
Over 100 clients and colleagues gathered at the MAA on Thursday 15th June to toast Laragh’s ongoing success. Charles Roberts, chair of Stretham & Wilburton CLT and leader of East Cambridgeshire District Council said: “It’s an absolute pleasure to be here celebrating with Laragh. In terms of the Manor Farm development, what we have got is exactly as agreed at the start, and it’s rare to be able to genuinely say that about a project. The appetite to do something different to the norm, and the commitment from the whole Laragh team has been really impressive.”
With projects at Water Lane in Chesterton, Cambridge currently underway, and further developments at Haddenham and Foxton in the pipeline, Laragh looks set to be making its mark on the Cambridgeshire property market for decades to come.
The Laragh team at 10 outside the Museum of Archaeology and Anthropology, Downing College, Cambridge.
Toasting future decades of success are (l-r) Simon Somerville-Large, managing director Laragh Homes and Charles Roberts, chair of Stretham & Wilburton CLT and leader of East Cambridgeshire District Council.
Photos: Helen Richardson