The MADE Partnership will act as “master developer” for multiple large-scale sites, potentially including brownfield developments as well as new garden village style commitments.

According to Made Partnerships’ website, this will also include greenfield opportunities.

The partnership forms with £150m of combined equity funding, provided equally by the three parties.

“A failure to ensure the development system is working properly has held back the delivery of tens of thousands of new homes over recent years and this government will work in partnership with all those who are focused on turning things around,” said Matthew Pennycook, housing and planning minister.

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“The landmark new partnership announced today will support our commitment to ramp up housing supply and boost economic growth by developing more large-scale, attractive and sustainable places across the country with the homes, jobs and infrastructure that communities need to thrive”.

The launch announcement explained that the partnership would being together “essential” skills and capital required to accelerate larger sites into production.

David Thomas, CEO of Barratt Developments, added: “Through the MADE Partnership, we are creating a master developer which can manage the infrastructure and placemaking that is needed to deliver at scale, whilst consistently achieving the high quality and sustainability standards that Barratt is known for.”

Barratt Major Projects will manage the MADE partnership, with this overseen by Stephen Kinsella - Barratt’s major projects director. He will be supported by development director Phil Collings who leads on deal structuring and progressing sites into delivery.