Lime Property Ventures was established as the commercial subsidiary of Elim Housing Association in February 2016. The two separate, but complementary, organisations now make up the Elim Housing Group.
Lime Property Ventures is a professional developer, established in 2016 to undertake activity in the property market and generate profit for growth and reinvestment in the work of the Elim Housing Group.
Lime Property Venture’s first project comprised the development of Hathaway House, 25 units of student accommodation in the centre of Bristol. LPV has retained this property in its portfolio, generating an annual rental return.
In 2017 Lime Property Ventures secured new borrowing arrangements to facilitate its development programme. The company has since achieved planning permission for a number of small developments and realised the sale of land and new homes on the open market. In 2021 Lime Property Ventures worked as a joint venture partner with a small housebuilder to purchase and develop a new site, delivering well designed, high quality family homes for sale as part of an exclusive four home scheme in South Gloucestershire.
Based just north of Bristol, Lime Property Ventures has flexibility to work across a wide geographical area, with a focus on smaller urban areas alongside the Gloucester to Taunton M5 corridor.
The company currently has live development sites in South Gloucestershire and Wells, Somerset
Lime Property Ventures prioritises smaller land sites with capacity for the development of 10 houses or less as part of joint venture arrangements, or five houses or less on sites we might seek to develop independently.
Lime Property Ventures is particularly looking for sites where:
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