City bonanza for house builders

Keepmoat's Richard Short points out the planned developments in Sheffield to councillors Harry Harpham and Alan Law
Keepmoat's Richard Short points out the planned developments in Sheffield to councillors Harry Harpham and Alan Law
0
Have your say

TWO hundred construction firms have shown an interest in working for a new company behind a £330m plan to build 2,300 homes in Sheffield.

Sub-contractors viewed plans for the 15-year project, which is set to boost the local economy, in an open day at Don Valley stadium.

Billed as the largest regeneration scheme of its kind in Sheffield, it aims to see the construction of affordable and social housing despite a lack of public funding.

Sheffield Council is providing 19 sites and Keepmoat Homes will build mostly two- and three-bedroom houses. The plan is for private sales to fund future construction in a process that is self-financing.

Great Places Housing Group will manage the social housing. The three organisations have formed Sheffield Housing Company.

David Ward, managing director of Keepmoat Homes Yorkshire and board member of the new company, said: “We are committed to engaging local labour wherever possible so it was fantastic that so many companies attended the event and expressed an interest in getting involved with these exciting plans for Sheffield’s housing.

“In the past there has been resistance to the public and private sector coming together to form a private entity. But in the current financial climate it is the only way to maintain services. The new company will benefit from the business acumen of the private sector and allow the council to unlock this land.”

Keepmoat Homes had ploughed hundreds of thousands of pounds into setting up the new organisation, he added.

The plan is to start building next summer and operate on three sites simultaneously.

Sites include areas of Parson Cross, Arbourthorne, Park Hill, Manor, Manor Park and Norfolk Park. Some have stood empty for a decade.