WAVENSMERE HOMES ANNOUNCE JOINT VENTURE WITH GALLIARD HOMES AND APSLEY HOUSE CAPITAL
£300 MILLION (GDV) OF NEW DEVELOPMENT PROVIDING NEARLY 850 NEW HOMES
Wavensmere Homes are delighted to announce a joint venture between leading London developer Galliard Homes and regional landowner-developer Apsley House Capital. The partnership is set to deliver circa £300 million (GDV) of new development providing almost 850 new homes, comprised of two new residential-led schemes, Belgrave Village in Birmingham and Barrelsmans Point, the regeneration of the HMS Ganges Naval facility in Shotley near Ipswich.
Belgrave Village will bring a design-led high-quality housing scheme to central Birmingham. Located in Balsall Heath, between the city centre and Moseley, the 12-acre development fronts the A4540 Belgrave Middleway and the A435 Haden Way and is bounded by Sherbourne Road and Balsall Heath Road.
Designed by Chetwoods Architects Belgrave Village will create a new urban village providing 438 newly built homes comprising two, three and four-bedroom townhouses and one and two-bedroom apartments and parking facilities, designed around the courtyard gardens, landscaped public realm and a linear park.
Offering homes with cleverly designed layouts and an abundance of green space Belgrave Village will combine the facilities of a town with the ambience of a village and is ideally located for those who want to stay local to central Birmingham but also seek more outside space and a suburban public realm. Subject to Section 106 Agreement finalisation, construction of Belgrave Village is anticipated to start in Q1 2022 with an estimated three-year build programme. Belgrave Village is a joint venture between Wavensmere Homes, Galliard Homes and Apsley House Capital.
Barrelmans Point, a joint venture between Galliard Homes and Wavensmere Homes, will give purchasers the opportunity to reside in one of the most scenic coastal areas of the UK; Shotley Peninsula, yet be within easy commuting distance of nearby Ipswich and London.
Surrounded by stunning natural landscape and overlooking the coastal edge, the new 60-acre development will consist of the transformation of the historic HMS Ganges Naval facility into a new residential address.
With a master plan by Clague Architects, Barrelmans Point will provide nearly 300 newly built and converted homes along with the preservation and restoration of several designated Royal Navy heritage assets including the Grade II listed ceremonial mast, Grade II listed entrance gates, a mid-19th Century Fort and two Martello Towers.
Between 1905 and 1976, the Naval training facility had many Royal visitors over the decades including HM The Queen, HRH Prince Philip, Lord Mountbatten, HRH Princess Marina, Duchess of Kent, and HRH Prince Henry, Duke of Gloucester, with the VIP guests watching Naval drills in front of the ceremonial mast and touring the Naval facilities and the historic Fort and Towers.
James Dickens, Managing Director at Wavensmere Homes, says; “Wavensmere Homes has a proven track record in restoring historic buildings to their former glory, a skill-set which will add significant value to Barrelmans Point and one of the reasons we have joined the partnership. I am delighted to be working with the Galliard Apsley Partnership, our collaborative approach will make a significant impact on urban regeneration in the Midlands and South East.”
Stephen Conway, Executive Chairman at Galliard Homes, says: “We are delighted to have entered into joint venture developments with Wavensmere Homes, facilitating around £300 million of new development and providing almost 850 new homes, also involving our existing partner Apsley House Capital. The new developments will deliver high-quality homes for hard-working families in Birmingham and the London commuter region.”
Gerard Nock, Chairman at Apsley House Capital says: “We are delighted that Wavensmere Homes has entered into a partnership to help deliver affordable homes in the West Midlands and London commuter region. As demonstrated by the construction of The Timber Yard and Soho Wharf the partners are committed to delivering and creating new communities through inspired regeneration projects. We are very excited about the new partnership and are looking forward to commencing the first development together at Belgrave Village in early 2022.
For further information on Belgrave Village and Barrelman’s Point contact Wavensmere Homes on Email:[email protected] or Tel: 01564 781 453.