Property News: St Modwen; Seddon; Great Places Housing Group & more
DEALS have been struck for the occupation by three companies of space at Europa Trade Park: Gemini in Warrington.
BR Industrial Trust, a joint venture between BlackRock and Canmoor has secured agreements for three units at the park. The Trust was represented jointly by Savills and B8RE.
Totalling 13,000sq ft, the deals include two new lettings to Garden Abode and Morgan Sindall Property Services for 10 years and five years respectively.
Additionally, DJ Drinks Solutions has renewed its lease for a further five years, reconfirming its commitment to the estate.
Garden Abode, Morgan Sindall Property Services and DJ Drinks Solutions were unrepresented.
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SOUTHWAY Housing Trust and builder and developer Seddon have begun the delivery of a £2.1m scheme to regenerate the former site of a former social club in Manchester.
The site at Ladybarn Social Club on Beverly Road, which has been left empty since the club moved to its current premises on the corner of Green and Rink Streets in 2013, is to be transformed into 18 one-bedroom and eight two-bedroom flats across three buildings.
All the homes are being developed for affordable rent, and are to be built to the Lifetime Homes standard, a set of 16 criteria to ensure high quality housing.
Patrick Ross, head of business development at Southway Housing Trust, said: “The Ladybarn development is part of an expanding and ambitious programme of residential development across South Manchester and the surrounding areas.
“Southway owns and manages almost 6,000 homes in the area and is looking to grow and diversify that stock by developing schemes such as this, increasing the supply of quality homes in South Manchester through developing a range of tenures including flats and houses for affordable or market rental and sale.
“Working with Seddon, we are pleased to be providing 26 new affordable homes for rent in an area of shortage. Currently Southway are looking for more sites, properties and development opportunities across the area to enable us to deliver our programme.
Work has already begun on regenerating the site, and building is expected to be completed by December 2016.
Bolton-based Seddon is also set to develop on-site car parking, landscaping, and drainage as part of the contract.
Duncan Williams, regional housing director at Seddon, said: “Seddon has a strong track record in delivering quality new build and refurbishment projects for social housing providers, and we are proud to be working with Southway on this vital regeneration scheme.
“This project will offer much needed homes of the right size and at affordable rents in the Ladybarn area.”
Across the past 12 months, Seddon has delivered £40m worth of contracts for housing associations in the North West and has been appointed to all major frameworks.
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GREAT Places Housing Group is about to start work on a new £2.7m development scheme to build 23 homes for rent in Blackburn.
Kier Living will partner with Great Places to deliver the homes for rent in Mill Hill.
Pre-construction work will begin on site at the end of March with the demolition of the existing empty buildings. Great Places hopes to employ at least two apprentices on site during construction, which will finish in June 2017.
The scheme forms part of Blackburn with Darwen Council’s agenda to build houses for rent on empty urban sites, ensuring the delivery of affordable housing and reusing derelict sites.
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RETAIL and leisure destination Liverpool One is on a high after welcoming its 200 millionth visitor.
Other milestones include footfall exceeding 28 million for the first time during 2015 – a 3% increase on 2014.
