The developer will submit a planning application for Canalside in the city’s canal quarter in the coming months and intends to start construction later this year.
Canalside would comprise a mix of new build homes and restoration of historic buildings on a 3.5-acre brownfield site. It would be close to Wolverhampton’s new £150m transport Interchange.
The scheme following Placefirst’s delivery of BTR developments across the North West, Yorkshire and the North East.
“As our first project in the Midlands, Canalside represents an important milestone for Placefirst,” said David Mawson, chief executive officer of Placefirst. “Through good design and excellent placemaking, our proposals seek to deliver a new sustainable, intergenerational waterside community for Wolverhampton.”
Councillor Harman Banger, cabinet member for city economy, said: “We are delighted Placefirst has committed to this major residential waterside scheme in our city centre.”
Source: Residential - propertyweek.com
