Peel Land and Property and Urban Splash have formed a joint venture to bring modular homes to Wirral Waters, the UK’s largest regeneration project
Contacts have now been exchanged on the £55m modular homes development, which will be the first ever collaboration between Peel L&P and Urban Splash.
The waterside residential quarter at Wirral Waters will incorporate 347 modular homes. The quarter will introduce four new and exciting housing products to the Wirral including – House, Mansion House, Villa and Fab House – with each property customised by purchasers before being created offsite in the Urban Splash modular factory and then delivered to site.
Richard Mawdsley, director of development at Peel L&P, said: “Our new joint venture with Urban Splash is fantastic news for our local community bringing the very latest in housing design and innovation to the site.
“This development, which follows hot on the heels of our announcement last month about a £90m residential scheme comprising of 500 high-quality homes along Northbank, will transform the site into an internationally recognised destination with a residential quarter that will take the pressure off local greenbelts and help to tackle the current UK housing crisis.
“We’re now just waiting on the final piece of the jigsaw, securing a Housing Infrastructure Fund grant from Homes England. Only then can we finally get the first wave of housing underway at Wirral Waters.”
The development will bring Urban Splash’s modular concept of factory-built modular homes to Merseyside for the first time.
Jonathan Falkingham MBE, founder and creative director at Urban Splash commented: “This is another part of our ambitious plan to expand our modular housing business and follows our acquisition of the House factory earlier this year.
“We are keen to create well-designed, urban family homes in more cities across the country. Merseyside, which was the birthplace of Urban Splash 25 years ago, seems the perfect place to move forward.
“We are delighted to be working with Peel L&P and to be involved in the creation of yet another significant, large-scale community and to continue developing and investing in Merseyside.”