Great Places delivers new affordable homes at Park Hill – backed by Homes England
A major new phase of the regeneration of Park Hill in Sheffield will see 24% of homes delivered as affordable housing, following a new agreement between joint venture (JV) partners Urban Splash and Places for People and leading housing association Great Places Housing Group.
The deal means that 30 of the 125 homes planned for Phase 4 at the iconic Grade II*-listed estate will be affordable. It builds on a longstanding partnership, with Great Places having previously delivered 96 homes in the first phase and working alongside Urban Splash for more than 20 years.
Helen Spencer, Executive Director of Growth at Great Places, said: “This is a significant step forward for Park Hill and for Sheffield. We’re proud to be strengthening our long-standing partnership to deliver more high-quality, affordable homes in one of the UK’s most important regeneration projects. This investment will ensure more people can be part of Park Hill’s next chapter, in a community that continues to grow in strength and diversity.”
The agreement is supported by funding from Homes England, which has backed Great Places’ acquisition of the homes, alongside its wider £6.4m investment into the development’s fourth phase that was announced by the JV in January. Work is set to begin this month, with the new phase also delivering enhanced public realm, EV charging points, car club facilities, and secure cycle storage.
The new homes build on more than a decade of progress at Park Hill, where Urban Splash and Places for People have already delivered 455 homes, accommodation for 356 students, over 50,000 sq ft of commercial space, and extensive public realm improvements.
Nilam Buchanan, Regional Managing Director for Central and North Developments at Places for People, added: “Park Hill is one of the UK’s most exciting regeneration stories, and throughout its redevelopment we have prioritised creating homes of mixed tenure – and are proud to bring in more affordable homes here. By working in partnership, we’re delivering a mix of homes and spaces that support a genuinely inclusive and sustainable community – one that reflects the character of Sheffield while looking firmly to the future.”
Guy Ackernley is Managing Director of Development and Residential at Urban Splash and added: “Bringing forward more affordable homes at Park Hill is hugely important to us. This partnership ensures that the next phase continues to open up this iconic building to a wider range of residents, while maintaining the quality, design and sense of place that defines Park Hill today.”
Urban Splash and Places for People will also deliver a fifth phase. Already consented, it will bring a further 105 homes, including apartments, duplexes, and townhouses, alongside new commercial space for independent businesses, adding to a growing community that includes South Street Kitchen, The Pearl, and Grace Owen Nursery.
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