A reserved matters planning application for the development has been submitted with a decision notice due shortly.
If successful, Bromfort will acquire 250 of the homes and make 132 of these available for social rent. An additional 118 homes will be available to part-buy or part-rent.
A further 209 units will be allocated for the private rental sector, with the remaining 236 sold on the open market.
These new homes will be a mix of one and two-bedroom apartments and two, three and four-bedroom houses. All will be designed with sustainability in mind, including air source heat pumps, PV panels and wastewater recovery systems to minimise wastage.
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“Like many major cities, Birmingham has a severe shortage of affordable homes; that’s something we’re aiming to address by going the extra mile to deliver affordable and social rent homes over and above what is required of us, and delivering them at pace,” said Phil McHugh, managing director at Vistry North West Midlands.
“We're also hugely proud of the sustainability of the homes we’ll be providing, with features and construction methods that reduce their impact on the environment and will lower energy bills for future residents.
“We’re excited to be a part of Birmingham’s growth and to be entrusted with the build of these much-needed new homes which will contribute to the character of the area and create a thriving and sustainable community.”
Alice Phillips, regional development manager at Bromford, added: “Providing 132 homes for social rent as part of this partnership will make a real difference to the lives of families who are currently waiting for affordable housing in Birmingham.
“And they’ll be living in some of the most energy efficient homes we’ve ever built in the West Midlands thanks to all of the sustainability measures that will be installed.”
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