Regenda chosen as preferred development partner for New Ferry regeneration

Devastation caused by the New Ferry explosion

North West housing group Regenda has been chosen to regenerate the New Ferry area of Wirral, which was devastated by a gas explosion in March, 2017.

Regenda has been named preferred development partner following a competitive process.

It is anticipated the scheme will deliver 71 homes, to be built by St Helens-based M&Y Maintenance and Construction.

These include 20 one- and two-bedroom apartments, and 31 two- three- and four-bedroom houses, available to rent or buy through Liverpool property firm Redwing.

In addition, 14 one- and two-bedroom apartments and six two-bedroom houses will be available for affordable rent through Regenda Homes.

Cllr Tony Jones, chair of Wirral’s economy, regeneration and development committee, said: “People shouldn’t underestimate the significance of this announcement.

“The regeneration of New Ferry is – and has been since the gas explosion in March 2017 – a top priority for the council.

“However, it has been, and remains, a complex and long term process due to the majority of the land and buildings earmarked within the Masterplan being in private ownership.”

He added: “It has taken investment and a lot of hard work to get us to the point where a large proportion of these sites are now owned by the council and we have been able to appoint the Regenda Group as our preferred developer with a great deal of confidence that, together, we will deliver the New Ferry Masterplan within the next couple of years.”

From left: Cllr Tony Jones, Stephanie Harrison, Alan Evans (Wirral Council director, regeneration and place)

Stephanie Harrison, executive director operations customer service for Regenda Homes, said: “Our proposed plans meet the critical demand for affordable rent and home ownership in the area and we look forward to sharing them with the public in due course.

“As a local company with a strong community focus, we have pledged to create opportunities for local schools, colleges and young people no longer in education or training throughout and hope to deliver many benefits to the wider community, who collectively have been through so much since the incident.”

Real estate consultancy firm, Avison Young, is working with the council, and Edward Blight, associate at Avison Young, said: “The proposals for the centre will introduce new homes and reinvigorate the high street – leveraging the money we secured with the council through the Future High Street Fund in 2020. We look forward to seeing delivery on the ground and real benefits for local residents and businesses.”

Regenda is expected to submit its detailed plans towards the end of summer this year.

Click here to sign up to receive our new South West business news...
Close