Regeneration specialist Galliford Try Partnerships North has unveiled the organisations it plans to work with on a £62 million, 350 mixed tenure homes project in Middlesbrough.
Having purchased the 29 acre site – adjacent to the James Cook University Hospital in the Brackenhoe area from Middlesbrough Council and Sports Academy – the developer has announced that Thirteen and Sigma Capital are ready to take 180 of the homes.
Thirteen, which manages 34,000 properties from North Tyneside to York, would offer its properties for affordable rent. Sigma, which is new to the Teesside area, specialises in homes for private rent at market level and would offer 80 such properties at Brackenhoe, through its Simple Life private rental brand.
The remaining 170 homes would be for open market sale through Galliford Try’s housebuilding division, Linden Homes.
A detailed planning application for the site, which already has outline permission, is to be lodged next month and work on the two to four bedroomed properties could be underway early in the New Year. Sean Egan, Managing Director with Galliford Try Partnerships North said: “This is an exciting venture for the area; it’s something different, offering homes for a variety of tenures, including new build homes for private rent.
“We are delighted that Thirteen and Sigma Capital area ready to join us on this initiative, which we have worked hard, for many months, to bring together. Securing two such specialists gives us confidence that this would be a very important addition to Middlesbrough’s housing offer – helping meet the need for homes of all tenures.”
Chris Smith, Executive Director of Service Delivery and Development at Thirteen, added: “We’re pleased to be part of this major development proposal that would have a really positive impact on people living in the area, providing them with purpose-built, energy efficient homes, with easy access to a range of local facilities including James Cook Hospital and links to the wide range of services available in Middlesbrough town centre.
“There would be a mixture of houses and bungalows, providing choice for tenants and a secure base to help people build their lives in the area. We know there is real demand for properties of this type in Middlesbrough.”
Graeme Reay, Land Director, Sigma Capital, says “We have already built over 1,000 homes to rent across England, with a further 3,000 underway. We are pleased to see our relationship with Galliford Try going from strength to strength and we are very excited to now be bringing our award winning offering to the first of many sites in the Middlesbrough area.
“Simple Life has been created to enable customers to enjoy a better rental experience and to the freedom and flexibility it offers. They can expect all the little details to be taken care of, with each new home thoughtfully designed and built to a high standard. Simple Life homes are professionally managed and maintained, offering an attractive housing alternative for young professionals, families and early retirees.”
This is the largest of eight new schemes secured by Galliford Try Partnerships North over the past few weeks. With a gross development value of £173 million, they will deliver over 1,000 new homes across the region.