Vistry has joined forces with Bromford, one of the UK’s largest housing associations, which will own and manage the affordable homes. Bromford is acquiring 250 of the proposed homes, ensuring that more than 35% of the homes on this development will be affordable, against a 20% requirement. The housing association will make 132 homes, 19% of the total number being proposed, available for social rent, against a 4% requirement as part of the planning consent. An additional 118 homes will be available to part-buy, part-rent through Bromford’s shared ownership scheme.
A further 209 units will be destined for the private rental sector and the remaining 236 properties will be available on the open market for private ownership, ensuring the development will offer something for everyone. The scheme will also stimulate economic growth through on-site employment, as well as providing further benefits for the local community with designated spaces for community uses and public open space.
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The new homes will be a mix of one- and two-bedroom apartments, and larger two-, three- and four-bedroom family houses. With a focus on sustainability, they will include air source heat pumps rather than gas boilers; PV panels will provide renewable electricity; and wastewater recovery will minimise water usage. The houses will be built using modern methods of construction (MMC), reducing the carbon footprint of every property. The homes will be manufactured off site using open panel timber frames from the Vistry Works East Midlands factory in Leicestershire. Each home built using these panels emits 14,460kg CO2e less than a traditional brick-and-block house.
Phil McHugh, Managing Director of Vistry North West Midlands, said: "We are thrilled to have acquired this site and to be working with Bromford on this exciting project that will contribute to Birmingham’s economic growth by providing new jobs and high-quality places to live.
"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. 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."
