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Images of Wolverhampton’s Canalside Quarter scheme released

Canal Living

Images of Wolverhampton’s Canalside Quarter scheme released

Pre-Construction, Construction & Build

A multimillion-pound city living development has been announced for Wolverhampton’s Canalside Quarter.

Build to rent developer Placefirst has revealed the first image of the Canalside project, a scheme to deliver 350 homes on five acres of brownfield land off Lower Horseley Fields in the city centre.

The scheme will feature a mix of new build homes and the restoration of heritage properties.

Placefirst will submit a planning application to the city council in coming months and if permission is granted, construction is due to start later in 2020.

Located close to Wolverhampton’s new £150m transport Interchange, Canalside represents a key element of the first phase of the council’s plans to transform the city centre’s canalside area around a mix of residential, leisure and commercial spaces.

The council, in partnership with the Canal and River Trust and West Midlands Combined Authority, aims to deliver more than 1,000 homes to create a sustainable, mixed-use community in Wolverhampton city centre.

The scheme represents the first for Placefirst in the Midlands, following its delivery of a range of build-to-rent communities across the North West, Yorkshire and the North East.

Cllr 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 £1billion of investment on site or in the pipeline.”

David Mawson, chief executive officer of Placefirst, said: “Placefirst is working with City of Wolverhampton Council to deliver its ambitious vision for the Canalside Quarter and kickstarting 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.”

Written by Rachel Covill - The Business Desk