Lovell Partnerships starts work on Liverpool residential scheme

Lovell Partnerships has commenced work on an affordable residential development in Liverpool.The regeneration housebuilder is bringing forward 88 two, three and four-bed homes for affordable rent, rent to buy and shared ownership on Stonedale Crescent in Croxteth.The scheme is its first with Cobalt Housing, and is in one of Liverpool City Council’s mayoral priority development zones.Full design and planning work has been completed on the project, with grant funding funding secured through the Homes England Affordable Homes Programme (AHP) and Liverpool City Region Combined Authority’s Brownfield Land Fund.Tahreen Shad, regional partnerships director at Lovell, said: “Our regeneration expertise and local knowledge, having worked in Merseyside for the last 20 years, has enabled us to successfully guide Cobalt Housing through its first steps into a mixed tenure energy efficient scheme. We have been working very closely with its team for the past two years, successfully steering them through the design and planning processes.”Liverpool is an important location to us, and we’re very proud to be investing in and delivering a number of schemes across the city including Denford Road, which is backed by Liverpool City Council – demonstrating our long-term commitment to Merseyside.”Claire Griffiths, chief executive of Cobalt Housing, added: “We are delighted to be working with our trusted partner Lovell to bring 88 brand new affordable homes to Croxteth.”It signals the continuation of our £300m investment in our neighbourhoods over the next ten years, in existing and new homes for rent and sale, which we have set out in our new corporate plan.”This development will be a catalyst for increased confidence and aspiration in the Stonebridge area of Liverpool, as we continue to expand our partnerships and investment, working closely with our customers and the wider community.”