The proposal by Placefirst includes 366 new homes and commercial space in the heart of Wolverhampton's historic Canalside Quarter.
The proposal directed by the leading UK build-to-rent provider is for an ambitious residential scheme, to be located close to Wolverhampton's new £150m transport Interchange, on land off Lower Horseley Fields in the city centre.
Following approval at planning committee earlier in the year, full planning permission and listed building consent has now been granted.
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The development will deliver a new canalside community as part of a wider regeneration project in the area, working alongside the City of Wolverhampton Council, Canal and River Trust and West Midlands Combined Authority. It will provide a mix of townhouses, new build apartments and commercial space across five acres of brownfield land.
Sensitive restoration of heritage canalside properties including several listed buildings, and major environmental improvements will be implemented in the scheme, which is designed by award-winning architecture practice jmarchitects, with WSP as planning and heritage consultants.
Included in the regeneration and Placefirst's commitment to placemaking, a new promenade, public open spaces, landscaping and pedestrian access to the canal towpath will also be created, taking full advantage of the heritage waterways.
The development is part of Placefirst's expansion to the West Midlands joining its portfolio of national regeneration projects, and once complete, will transform this former industrial area into a vibrant canalside community with a mix of housing options. Following site preparation, work is expected to start on site in Summer 2022.
