Derelict land set for transformation as £5.3m deal struck
A derelict piece of land in Blakenall is being transformed into affordable housing thanks to a new partnership between GreenSquareAccord and a local developer.
Keon Homes, which was formed four years ago by Richard Williams, Warren Bolton and Noel Sweeney, will build the £5.3m Canalside Close scheme that will give people access to 33 one and two-bed apartments and two and three-bed houses.
The deal is the first time the two organisations have worked together and will tap into low carbon housing solutions from LoCal Homes, an advanced housing manufacturer based outside of Walsall.
Matt Beckley, head of development at Keon Homes, said: “The Black Country urgently needs more affordable housing and this partnership with GreenSquareAccord is going to deliver exactly that.
“The properties are all high quality and feature the latest energy efficient measures meaning that potential purchasers can move into a home that will immediately help them with the cost-of-living challenge.”
He added: “Work has started, and we expect it to be complete by the middle of 2024. Five Keon staff, joined by a network of strategic subcontractors, will oversee the build.”
GreenSquareAccord’s head of development Mike Nolan said: “I am delighted to say that spades are now in the ground at Canalside Close. This new development is good news for Walsall residents, as we will be providing affordable homes that are sorely needed.
“With a range of properties available, from one-bed apartments to three-bed homes, our new venture will meet a variety of local housing needs. In addition to reducing pressure on greenfield sites, this development will be built using cutting-edge and environmentally sound techniques.
“A lot of hard work has gone on behind the scenes to get us to this point and I am grateful to both Keon Homes and to Walsall Council for their assistance.”
Keon Homes’ Matt Beckley added: “Canalside Close is the first time we have worked with GreenSquareAccord and hopefully this will be the start of what will be a strong partnership for the West Midlands.
“The £5.3m deal is also a fantastic way to celebrate our fifth birthday and continues our desire to disrupt the residential and extra care marketplaces.”
Keon Homes, which alongside Cameron Homes and Chasetown Civil Engineering, is part of The Tara Group.
