Market Leads & Opportunities
Go-ahead given to £62m Teesside project
Plans for a £62m Teesside housing project have been given the go-ahead.Located in Middlesbrough, the plans consist of the construction of 350 mixed tenure two to four bedroomed homes to be built on a 29 acre site, adjacent to The James Cook University Hospital in the Brackenhoe area of the town.Galliford Try Partnerships North acquired the site from Middlesbrough Council and Middlesbrough College, with the developer having also recruited partners for the project. Thirteen will take 100 homes – 78 for affordable rent and 22 for shared ownership, whilst Sigma Capital will offer 80 properties through its Simple Life private rental brand. The remaining 170 homes will be for open market sale through Galliford Try’s housebuilding division, Linden Homes.
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