The proposal for a transformative scheme including 366 new homes and commercial space in the heart of Wolverhampton’s historic Canalside Quarter has been approved in principle.
The £65million proposal directed by build-to-rent developer Placefirst is for an ambitious residential scheme, to be located close to Wolverhampton’s new £150m transport Interchange on land off Lower Horseley Fields in the city centre.
The development will deliver the first phase of a canalside community as part of a major regeneration project in the area, providing a mix of townhouses, new build apartments and commercial space across five acres of brownfield land.
The scheme, which will include the sensitive restoration of heritage canalside properties such as Union Mill, and major bio-diversity and environmental improvements, is designed by award-winning architecture practice jmarchitects with WSP as planning and heritage consultants.
Planning permission is subject to the resolution of matters of detail, conditions and a s106 agreement. Placefirst aim to begin construction later this year.
