Pendleton PFI finally reaches conclusion

After ten years of planning and bidding, Salford City Council has picked a consortium of Chevin Housing Association, Keepmoat and Harewood Homes for the large private finance initiative housing development.

The shortlist was whittled down from five to two consortia during four years of competitive dialogue with the local authority for the Pendleton housing PFI scheme.

The winning consortium, calling itself SP+, will be funded by Chevin parent Together Housing Group, Allied Irish Bank, Nationwide, Co-operative Bank, along with council PFI credits.

The scheme proposal consists of

  • 1,600 new homes
  • 1,250 refurbished homes
  • 100 supply chain opportunities
  • 10% energy from renewable sources
  • 40% waste recycled
  • nine new recycling centres
  • one hectare of new sports pitches
  • 9.2 hectares of improved green space
  • 2.7 kilometres of new paths and cycleways
  • 0.4 hectares of new allotment space

SP+ beat off Inspiral Pendleton in the final round, consisting of Regenter, Great Places Housing Group and Wates Living Space.

Cllr Gena Merrett, lead member for housing and environment at Salford City Council, said: "It has taken many years to get to the stage where we are ready to start the scheme, but it is so important we get a scheme like this right as it has major implications for the community. Good housing and facilities can make a big difference to a community, having a positive impact on everything from health and wellbeing to crime and disorder. I am pleased to see this scheme coming forward, and that the community has had such a big impact on shaping it."

Work on site is expected to start later this year.

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