Big regeneration milestone for Sheffield

Big regeneration milestone for Sheffield

A regeneration partnership, which has created over 800 jobs, 75 apprenticeships and spent more than £80m with construction businesses in the South Yorkshire region, has completed its 1000th home.

The four bedroomed property, at Sheffield Housing Company’s (SHC) Eclipse development in the Manor area of the city, marks a major milestone for the partnership which also has secured planning and is preparing to start construction of more than 400 additional new homes in three of the city’s neighbourhoods.

This includes 358 at Manor: 210 off Harborough Avenue, opposite the Eclipse site; 47 at Corker Bottoms, off Harborough Rise; and 101 at Pennine Village, off Manor Lane.  In addition, there will be 35 new homes including 16 apartments in Norfolk Park, off Park Grange Road, and 44 houses off Lytton Road in Parson Cross.  House styles will include two to four bedroomed properties, with the majority expected to be available for private sale.

SHC is a joint venture development company established by Sheffield City Council, private sector construction partner Keepmoat Homes and Great Places Housing Group.  It has delivered homes for sale, shared ownership and affordable rent over the past nine years.

Simple Life – part of Sigma Capital Group plc – and regeneration specialist ENGIE have also worked closely with the housing company on some of the previous projects to provide properties for private rent – ensuring high quality homes of all types of tenure are available in the city.

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.”

Looking ahead, SHC aims to complete up to 2,300 properties on 23 sites by the end of 2025 – delivering further economic stimulation, job creation and community investment for Sheffield. 

The Company’s entire development programme is currently benefitting from over £3m in funding from Homes England and £1.5m from Sheffield City Region.

Big regeneration milestone for Sheffield

About Sheffield Housing Company –

The work of Sheffield Housing Company, Sheffield City Council’s joint venture housing delivery vehicle, forms part of the council’s ambitions to provide new housing stock in the city, that will support strong neighbourhoods, boost regeneration and help people feel safe, warm and well. The council is committed to creating balanced communities which is a priority for the council and City Housing Strategy so, alongside SHC, which was set up to build homes predominantly for open market sale, the council is also building and acquiring 3,100 new affordable homes as part of its own Stock Increase Programme. For further details of how the Council will deliver the type and volume of new housing required in Sheffield both directly, through its own build programme and indirectly, through its work with private developers, please access its New Homes Delivery Plan.

SHC was set up by the council as part of a competitive procurement exercise to bring back into use vacant land that once had Council housing with the aim to bring about the wider regeneration of these areas, creating successful and vibrant places to live with much needed new homes for sale to improve the quality and choice of new homes in these areas and an improved quality of life for residents. Working with our partners (Keepmoat and Great Places) we have invested more than £80 million in the local economy, created 75 apprenticeships and sustained around 800 jobs.

About Sheffield City Council –

Sheffield City Council works to create successful neighbourhoods across the city — places where people choose to live, where they’re safe, have good housing, schools and services. It also aims to ensure all development is sustainable and of the highest design quality.

About Keepmoat Homes –

Keepmoat Homes is a fast growing top 10 UK housebuilder and the leading home builder for first time buyers.  It delivers high quality homes, often in areas that benefit greatly from housing-led urban regeneration.  This is achieved through the creation of long term partnerships with public and private sector organisations that have unused land or property, in order to build homes and communities that are recognised for both their quality and value.  This investment and participation helps transform neighbourhoods, improving the lives of local people.

About Great Places Housing Group –

Great Places Housing Group is one of the largest developing housing associations in the north, working to improve the lives of the thousands of people living in its portfolio of over 19,000 homes.

About ENGIE –

ENGIE is a leading energy and services company focused on three key activities: production and supply of energy, facilities management and regeneration. Our 17,000 employees combine these capabilities for the benefit of individuals, businesses and communities throughout the UK & Ireland.

We enable customers to embrace a lower carbon, more efficient and increasingly digital world. Our customers benefit from our energy efficient and smart building solutions, the provision of effective and innovative services, the transformation of neighbourhoods through regeneration projects, and the supply of reliable, flexible and renewable energy.

ENGIE improves lives through better living and working environments. We help to balance performance with responsibility, enabling progress in a harmonious way.

Globally, the ENGIE Group employs 160,000 people worldwide and achieved revenues of €60.6 billion in 2018.

About Sigma Capital Group plc –

Twitter: @SigmaCapitalPLC

Sigma is a private rented sector, residential development, and urban regeneration specialist, with offices in Edinburgh, Manchester and London. Sigma’s principal focus is on the delivery of large scale housing schemes for the private rented sector. It has a well-established track record in assisting with property-related regeneration projects in the public sector, acting as a bridge between the public and private sectors.  Its subsidiary, Sigma PRS Management Limited, has been appointed as Investment Adviser to The PRS REIT plc, the first London-quoted REIT to focus purely on the private rented sector.

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