Keepmoat partners with WMCA to deliver 4,000 homes

Keepmoat has formed a strategic partnership with the West Midlands Combined Authority to build 4,000 homes on brownfield sites, increasing housebuilding in the region by 50%. The housebuilder will deliver a range of homes, creating hundreds of jobs and generating at least 250 apprenticeships. As part of the partnership, at least 70% of the workforce will be employed from within a 30-mile radius, while building supplies and materials will be purchased from West Midlands-based businesses wherever possible. The housebuilder’s investment into the West Midlands will support the combined authority’s target of delivering 215,000 new homes by 2031. Earlier this year, the WMCA signed its Deeper Devolution Deal with central government, giving it wide-ranging new powers and additional funding in excess of £1.5bn. Andy Street, mayor of the West Midlands and chair of the WMCA, said: “The West Midlands has been incredibly successful in recent years at regenerating old brownfield sites to build new, affordable homes – so much so that we are currently on track to meet our ambitious 2031 housing target. “However, now is the time to double down on our success – not ease off – and so I am delighted we have been able to sign this deal with Keepmoat that will see even more homes, jobs and investment come to the region. “Working with Keepmoat, we will breathe life into derelict brownfield sites, helping to protect our precious greenbelt while providing affordable, energy-efficient, good-quality homes and jobs for local people.” Ian Courts, WMCA portfolio lead for housing and land and leader of Solihull Council, added: “Keepmoat is the latest strategic partner that we have signed an MoU with – progressive developers and investors who share our vision of a more sustainable West Midlands where people have the opportunity of a decent job and a good-quality, affordable home. “The commitment to use derelict industrial sites for eco-friendly, energy-efficient housing is exactly the sort of future-looking approach our region needs. Not only does this help protect our precious greenbelt while creating high-quality and sustainable communities, it also boosts the local economy and supports the wellbeing of residents.” Read more: Andy Street on SEGRO, ‘stand-offs’ and inflation >> To send feedback, e-mail akanksha.soni@eg.co.uk or tweet @AkankshaEG or @EGPropertyNews Image: Keepmoat