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A regeneration partnership has completed its 1,000th new home in Sheffield, Business UP North writes. The Sheffield Housing Company (SHC) is a joint venture development company established by Sheffield City Council, private sector partner Keepmoat Homes and Great Places Houses Group.
The symbolic completion of the 1,000th new home is marked with a four-bedroomed property at the Eclipse development in the Manor area of the city. So far, the partnership has created over 800 jobs and 75 apprenticeships in the South Yorkshire region. In addition, £80m has been spent with construction businesses in the area.
Over the past nine years, SHC has built homes for sale, shared ownership and affordable rent. Construction is poised to begin on over 400 additional new homes in three more Sheffield neighbourhoods.
The figure includes 358 new homes at Manor, 210 off Harborough Avenue opposite the Eclipse estate, 47 at Corker Bottoms off Harborough Rise, and 101 at Pennine Village off Manor Lane. There is also planning permission for 35 new homes, including 16 apartments, in Norfolk Park, and 33 houses off Lytton Road in Parson Cross.
Steve Birch, Interim Project Director, at SHC said: “Despite the challenges presented by Covid-19, as a partnership we are incredibly pleased to have reached this major milestone on our tenth development site.”
“It is testament to the hard work and commitment of all the teams involved that we are celebrating the completion of our 1000th home and we look forward to starting construction on five more sites in the coming months.”
SHC have also worked closely with Simple Life, who are part of Sigma Capital Group plc, and regeneration specialist ENGIE, to ensure the project delivers high quality homes available for rent. SHC aims to complete up to 2,300 properties on 23 sites by the end of 2025.
The partnership programme has recently received over £3m in funding from Homes England and £1.5m from Sheffield city region. It is expected that the continuing investment will deliver economic stimulation and job creation for the area.
Elsewhere in Sheffield, receivers have appointed a property valuation and disposal firm to sell two landmark buildings in the Castlegate area of the city centre. The Old Town Hall and the former Cannon Hotel on Castle Street are changing hands after the current owners fell into financial difficulties.
The Old Town Hall was built in 1808, with its iconic clock tower added 60 years later. It housed Sheffield’s courts until 1997, and has been unused since then. However, the four-storey grade II-listed property has planning permission for a mixed-use development of 12 apartments, 12 hotel rooms, a roof terrace, and commercial use on the ground floor.
Standing opposite, the former Cannon Hotel has been converted into three luxury three-bed apartments, with retail units on the ground floor. The disposal firm Pantera said it was a rare chance to acquire landmark historic properties in Sheffield, and the two iconic buildings offer one of the north of England’s most significant regeneration opportunities.
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