Friday, August 25, 2023

News: Developers secure millions for more Waverley housing

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Developers and landowners have secured millions in government funding to build more houses at the Waverley regeneration scheme in Rotherham.

In June 2020, the Government launched "A New Deal for Britain" which was said to be the first step in the strategy to rebuild Britain following Covid-19 and fuel economic recovery across the UK. As part of this strategy, £53m of capital in total has been allocated to the South Yorkshire Mayoral Combined Authority (SYMCA) for supporting the development of over 3,300 new homes on brownfield land and through conversions, to be started on site within South Yorkshire by March 2025.

This funding builds upon the previous South Yorkshire Housing Fund, enabling SYMCA to support the delivery of a greater number of new homes to meet local needs which would otherwise not be brought forward by the market.

Harworth Estates Ltd, the landowner and developer of Waverley - Yorkshire’s largest ever brownfield mixed-use development - has secured approval for £3.10m of Brownfield Housing Fund capital grant to contribute towards a total scheme cost of £33.11m for "Parcel 4D." This will unlock the delivery of a 185-unit affordable housing led residential scheme comprising of 1,2,3 and 4 bed homes on the former Orgreave coal mining site.

The money is for abnormal cost items including earthworks/site levelling, enhanced foundations, retaining walls and utilities.

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Harworth also secured approval for £1.47m of Brownfield Housing Fund capital grant to contribute towards a total scheme cost of £30.05m for a "Net Zero Carbon Pilot (Parcel 4C)."

SYMCA papers state that "the grant funding is required to address a number of the abnormal cost items specific to the site’s brownfield status, irregular shape and topography, as well as the additional over-build costs associated with the modular net zero carbon scheme versus a traditional build scheme, which contribute to a £2.3m viability gap."

Harworth has recently secured planning permission for a build to rent scheme at Waverley containing 156 dwellings at Waverley Central (cgi, below).

In addition, innovative local house builder, Sky-House secured approval for £1.3m of Brownfield Housing Fund capital grant to support the provision of affordable housing at Waverley Central. The proposed project aims to develop a 2.24ha brownfield site to accelerate delivery of new high quality residential housing comprising of 106 residential units comprising a mix of 1,2,3 and 4 bed homes, delivered by the end of March 2025.

Sky-House recently secured planning permission for a scheme at Waverley Central (cgi, top), which is next to Harworth’s proposed Olive Lane town centre development.

Sky-House Co is already firmly established at the site thanks to its two previous Waverley developments a short distance away.

David Cross, founder and director at Sky-House, said: "Our first Waverley development saw unprecedented demand for the Sky-House concept.

“Since then we have seen the second phase of 44 homes completely sold before work is even completed on site.

“And now the new site adjacent to the eagerly-anticipated Olive Lane development will place us even more firmly at the very centre of the Waverley community."

Harworth website
Sky-House website

Images: CODA / Sky-House / Harworth / JRP

7 comments:

Anonymous,  August 25, 2023 at 1:53 PM  

Houses, house's house's, obsession,wonder who they're all for?

Dom,  August 26, 2023 at 9:06 AM  

Clearly anonymous has been away for the last 20 years and has missed the extensive coverage in the media around the UK's housing shortage.

Anonymous,  August 26, 2023 at 11:19 AM  

I'm pretty sure tax payers money could be used better than to subsidise a private companies profits.

Anonymous,  August 27, 2023 at 8:38 AM  

Could probably build them without subsidy on cheap green belt sites. Or have even less affordable houses. Those are your options.

Jez August 28, 2023 at 7:18 AM  

"Cheap green belt land"?
The price of green belt land varies for several reasons, with the main one being whether or not it comes with planning permission or not. If it comes with planning permission to build houses it is extremely unlikely to be cheap.

Anonymous,  August 29, 2023 at 12:07 PM  

Well vast majority of homes being built, aren't for people on housing waiting lists,and are out of price range of first time buyers, especially now interest rates are higher,had to this potential economic woes, inflation is high and will be for years,so cost of living is higher, possible rescesion on horizon....so who is going to buy them? Maybe just plan to keep building industry from collapse,as many are currently failing.. Whatever it makes little sense to keep building homes that are wrong types many in wrong places,and many to expensive.??

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