Park Hill deal delivers affordable housing boost
A Sheffield regeneration scheme is set to expand its affordable housing offer as part of the latest phase of a major residential development.
Urban Splash and Places for People have agreed a deal with Great Places Housing Group to deliver affordable homes at Park Hill, with 30 of the 125 properties in Phase 4 designated for affordable housing.
Backed by Homes England funding, the agreement supports Great Places’ acquisition of the homes and forms part of a wider £6.4 million investment into the next stage of the Grade II*-listed estate’s transformation.
The latest phase will also include improved public spaces, EV charging points, car club facilities and secure cycle storage.
It builds on more than a decade of regeneration at Park Hill, with hundreds of homes, student accommodation and commercial space already delivered, and further development planned in a fifth phase.
Helen Spencer, executive director of growth at Great Places, said: “This is a significant step forward for Park Hill and for Sheffield.
“We’re proud to be strengthening our long-standing partnership to deliver more high-quality, affordable homes in one of the UK’s most important regeneration projects.
“This investment will ensure more people can be part of Park Hill’s next chapter, in a community that continues to grow in strength and diversity.”
Nilam Buchanan, regional managing director for central and north developments at Places for People, added: “Park Hill is one of the UK’s most exciting regeneration stories, and throughout its redevelopment we have prioritised creating homes of mixed tenure – and are proud to bring in more affordable homes here.
“By working in partnership, we’re delivering a mix of homes and spaces that support a genuinely inclusive and sustainable community – one that reflects the character of Sheffield while looking firmly to the future.”
Guy Ackernley, managing director of development and residential at Urban Splash, added: “Bringing forward more affordable homes at Park Hill is hugely important to us.
“This partnership ensures that the next phase continues to open up this iconic building to a wider range of residents, while maintaining the quality, design and sense of place that defines Park Hill today.”
Construction is due to begin this month.
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