70 new homes to be built on brownfield site
Around 70 new homes could be on their way in the Black Country after the sale of a disused industrial estate.
The land has been bought by the Government's Homes & Communities Agency (HCA), which is already working on housing schemes across the area, including the former Royal Hospital site in Wolverhampton.
It has now bought a disused former industrial site in Cradley Heath for redevelopment as new housing.
Property consultants Bruton Knowles, acting on behalf of Bilston-based property business East India Trading Company 1998, has sold the 6.9-acre site on Park Lane to the HCA for an undisclosed sum.
The site formerly housed a number of commercial premises, which were demolished in the early 2000s following a fire.
The HCA is proposing to build up to 70 new homes on the site.
Ian Mercer, partner and head of development at Bruton Knowles in Birmingham, said: “This brownfield site is typical of the Black Country but its location and secluded position, with views towards Clee Hill and Clee Stanton, meant it was prime for residential development.
“We welcome the HCA’s commitment to spearheading urban regeneration and providing much needed new homes in Cradley Heath and the Black Country. This is a classic example of how brownfield sites can be redeveloped to help meet local housing needs.
“With the Government seemingly committed to tackling the housing supply shortage by enabling more homes to be built on brownfield sites, the HCA’s acquisition of is a strong signal of intent.”
