109 new homes are to be built on former railway land in Aintree, after the first deal of its kind in the country was completed. The Public Land Initiative, a £100m nationwide effort to get land out to market to support the construction of up to 100,000 new homes, has seen the Homes & Communities Agency (HCA) secure Persimmon Homes Lancashire as the developer for the site.
The 17-acre site was identified within Sefton Metropolitan Borough Council’s 2011 Strategic Housing Land Availability Assessment as a potential area for sustainable redevelopment. The Homes & Communities Agency has worked with the Council to secure the deal, which will bring a substantial amount of private sector investment to the area and will improve approximately 10 acres of public open space for the residents of Aintree.
Robert Napier, the Chairman of the Homes & Communities Agency, said:
“I am delighted to see the first Public Land Initiative deal being made here in the North West. The HCA is committed to accelerating the delivery of homes across the country, and this site is a fantastic example of the support that we can offer to meet the government’s objectives.”
Deborah McLaughlin, the Homes & Communities Agency’s Executive Director for the North West, said:
“As an organisation, the HCA’s focus is to employ new and innovative ways of working to use public land assets to deliver homes more quickly. This scheme demonstrates that we are able to provide valuable, targeted support to bring forward new homes that will play a vital role in helping the North West to meet its growth ambitions.”
Persimmon Homes Lancashire is anticipating submitting for planning in September this year with the expectation that, subject to a satisfactory planning consent, construction will begin on site in spring 2015, with the first homes expected to be completed by autumn 2015.
HCA were represented by Dan Bolton of Lambert Smith Hampton and Paul Molley of Paul Molley Associates.