The statement from ‘Placefirst’ has revealed its plans for a canal side project of 350 homes in Wolverhampton city centre. This ‘build to rent developer’ is yet to develop a site on five acres of brownfield land off Lower Horseley Fields. The area will feature a mix of new build homes and restoration of heritage properties besides the historic canal basin.
Placefirst is planning to submit an application to the city council in the next few months. Once the request is approved, construction is due to start later this year. The scheme represents the first for the build to rent specialist in the Midlands, following its delivery of a range of projects across the North East, Yorkshire and the North West.