Plans for final phase of regeneration area in Sheffield submitted
Plans have been submitted for the next and final phase of the Well Meadow regeneration development just off Netherthorpe Road in Sheffield, close to the Well Meadow Conservation Area in the city centre.
Manchester-based developer, Panacea Property Development, has submitted plans for two buildings which will deliver 284 residential apartments consisting of 133 two bedroom, 139 one bedroom, and 12 studios. The development is designed specifically for the build to rent (BTR) market.
Gareth Riddell, managing director of Panacea Property Development, said: “Panacea Property Development is delighted to commence the delivery stage of this project having worked closely with Sheffield City Council for more than a two years to ensure that our plans for this next phase of development provide excellent design standards, and achieve the Council’s aspirations for the delivery of institutionally backed build to rent accommodation, within this important regeneration scheme.
“Sheffield’s residential rental offer will undoubtedly be enhanced by purpose built, high quality build to rent accommodation within this area of the city.”
Phase one of the mixed-use development was delivered in September 2016, and provides over 305 student accommodation units which are now fully occupied. This was delivered in joint venture with Worthington Properties.
The high design has been developed by award winning architects MCAU and Leach Rhodes Walker. Zerum is engaged as planning consultant and project manager. Curtains is the engineer.
