Vistry secures Homes England deal to deliver 1,000 Midlands homes
Vistry Group will spearhead the £196.5m regeneration of the Birmingham City Hospital site with outline planning permission secured for 750 homes.
Homes England has appointed the major developer to the scheme, as services at City Hospital will be transferred to the new Midland Metropolitan University Hospital opening in Autumn 2024, leaving a large portion of the site surplus to the NHS’ needs.
The scheme will retain the former Infirmary Building frontage block, to be converted into residential accommodation consisting of one, two, three, and four-bedroom townhouses and apartments.
More than 50% of homes will be classed as affordable or have private rent tenures, with the remaining homes available on the open market. 8,000 sq ft of the site will be reserved for commercial and community space.
A second partnership deal in Hardingstone, Northamptonshire, will see the Vistry deliver 250 mixed-tenure homes with more than 50% presold. The site is also formerly owned by Homes England and has outline planning permission.
The majority of the 1,000 new homes will be manufactured off-site using timber frames from the Vistry Works East Midlands factory in Leicestershire.
Greg Fitzgerald, Chief Executive of Vistry Group said: “These deals further evidence the benefit of our long-term strategic partnership with Homes England, enabling the Group to deliver a significant number of mixed tenure homes in the Midlands.
“Furthermore, the unique capabilities of Vistry Works will allow us to utilise timber frame manufacturing at scale across both sites, speeding up housing delivery whilst reducing carbon emissions.”
