Lovell Partnerships has signed a landmark deal to build more than 4,000 new homes in the West Midlands over the next eight years.
The partnership with the West Midlands Combined Authority will bring together public and private sector skills and investment to unlock old industrial land for development, helping to ease pressure on the Green Belt.
The new homes will contribute to a target of building 215,000 new homes in the region by 2031.
Andy Street, the Mayor of the West Midlands, said: “We have earmarked hundreds of millions of pounds to help transform our brownfield land into thriving new communities that offer affordable, well-designed homes for local people, and premises for firms creating worthwhile jobs.”
He said Lovell had been at the forefront of bringing forward stalled housing sites, especially within the Black Country where the majority of the region’s brownfield land is located.
Lovell regional managing director, Stuart Penn, said: “Lovell Partnerships are delighted to be the first house builder to enter into a pioneering partnership with the WMCA to unlock housing development on stalled brownfield land.
“We will unlock significant areas of brownfield land for much-needed housing development. “Our shared commitment is to deliver high-quality multi tenure communities at ‘scale and pace’ whilst ensuring we leave a lasting legacy everywhere we work.”
This article was first seen on https://www.constructionenquirer.com/2019/09/19/lovell-signs-deal-to-build-4000-west-midlands-homes/