Funding deal secured for remediation of former brass works site
The remediation of the former Elkington Brass Works site in Walsall is now underway, boosted by a £3.6m funding deal.
St Francis Group has secured grant funding from The West Midlands Combined Authority (WMCA) Black Country Land and Property Investment Fund towards the scheme.
The company has agreed the sale of the site to Homes England which it will handover upon completion.
St Francis Group and its sister company DSM will remediate the 17.1 hectare site to create the potential for some 260 new houses which will be brought forward by Homes England.
The development forms part of the Goscote Lane Corridor scheme – which will see 700 homes built in the area as part of Walsall’s biggest residential regeneration project.
Andy Plant St Francis Group design and planning director said: “The dynamics of Homes England combined with the WMCA and the private sector have enabled us to once again recognise and respect the past, tackle the challenges of the present in order to make the most of the future.
“The legacy of the Black Country needs this approach and, in this case, will result in 263 homes from a site that could have lain derelict for generations but for this intervention.”
