Homes plan put forward to create Canalside Quarter in Wolverhampton
A total of 350 homes could be built in Wolverhampton as part of efforts to transform derelict brownfield land and create a Canalside Quarter.
Ambitious plans have been drawn up to turn five acres of land off Lower Horseley Fields in the city into homes, spearheaded by build-to-rent firm Placefirst.
It comes as part of plans to build more than 1,000 homes next to the historic canal network in the city – which will kick-start Wolverhampton’s regeneration, bosses have said.
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.
“Canalside is a large and exciting opportunity that will require determined and skilful leadership to realise the opportunity.
“This is an exciting step in delivering a nationally significant development at this wonderful heritage location.
“It also forms part of how we are re-imagining our city centre as part of more than £1 billion of investment on site or in the pipeline.”
Placefirst will submit a planning application to Wolverhampton Council in the coming months, with construction earmarked for later this year – if the proposals are backed.
The proposals have been put forward by the authority, Canal and River Trust and West Midlands Combined Authority, and could see a canalside promenade created along with the homes.
The scheme represents the first for Placefirst in the Midlands after success in the North West, Yorkshire and the North East.
David Mawson, chief executive officer of the company, said: “Placefirst is working with Wolverhampton Council to deliver its ambitious vision for the Canalside Quarter and kick-starting the multi-billion pound regeneration of the city.
“We have developed our plans for the Canalside Quarter within the wider transformational framework set out by the council.
“Our proposals reflect our shared ambition to raise the bar in terms of quality residential homes in the city centre.
“As our first project in the Midlands, Canalside represents an important milestone for Placefirst.
“Through good design and excellent placemaking, our proposals seek to deliver a new sustainable, intergenerational waterside community for Wolverhampton.”
