A joint venture for modular housing with Urban Splash and a 70,000 sq ft speculative industrial project with Harlex are among the schemes close to becoming a reality in Wirral Waters, Peel Land & Property has announced.
The Urban Splash House scheme, a £55m, 347-home development including townhouses and apartments, is one of three residential projects set to bring over 1,000 homes to the 500-acre Wirral Waters.
Peel has also agreed a deal with Belong Villages to bring a specialist dementia care village to Wirral Waters, comprising a range of amenities, including bistro, gym and hair salon; 34 one and two-bedroom apartments and six households where 24-hour support is provided for up to 12 residents in each.
The third residential project is Wirral Waters One, a £90m scheme for 500 apartments, for which approval has now been given by Wirral Council’s cabinet, enabling building work to start on site. Wirral Waters One also includes a £100,000 investment for community activities by The Legacy Foundation, partners in the scheme with Peel and the council.
Richard Mawdsley, director of development at Peel, said: “Wirral Waters is the biggest and most exciting regeneration project currently on British soil and we are immensely proud to be announcing these three major housing schemes.
“Brownfield regeneration projects, like Wirral Waters, are crucial in tackling the current UK housing crisis as they take the pressure off our greenbelts.
“From over 500 acres of disused docklands, we will create an internationally recognised destination where innovation, sustainability and industry thrive; where over 20,000 permanent new jobs emerge; where wide open spaces meet world-class culture; and global companies trade alongside new waterfront housing.”
The projects have been assisted by a £6m Housing Infrastructure grant from the Ministry of Housing, Communities & Local Government.
The deal with Harlex is yet to be formally completed, but will represent the first venture by the business, started by ex-Argent and Kier man James Nicholson in October 2017. Harlex is part of a group of developers in the regions backed by Palmer Capital.