Peel and Urban Splash in £55m modular housing deal
Developers Peel and Urban Splash have entered a joint venture to build 347 modular homes in Birkenhead.
The £55m development will sit within the Wirral Waters area, a 500-acre expanse of Birkenhead docklands earmarked for a £4.5bn regeneration.
Urban Splash will offer four different types of home design in the new venture, classified as house, mansion house, villa, and fab house.
All four will be factory-built before being delivered to site.
The company has already delivered its modular concept at sites in Birmingham, Manchester, Salford and North Shields, having acquired SIG Building Systems and its East Midlands modular factory in March last year.
Urban Splash's modular 'town house' homes
Richard Mawdsley, Peel's director of development, said: "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."
Jonathan Falkingham, founder and creative director at Urban Splash said: "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."