New developer chosen for Wolverhampton canal site after L&G closure

By Matilda Battersby 2023-12-05T09:09:00

L-R Mark Birks of Avison Young, Cllr Simkins of City of Wolverhampton Council, Cheryl Blount-Powell of CRT, James Dickens of Wavensmere Homes

Birmingham-based developer Wavensmere Homes will replace L&G Modular on project to transform a 17-acre brownfield site which was formerly a foundry and steelworks

A new preferred developer for a 500-home Wolverhampton Canalside South residential scheme has been announced following the closure of Legal & General’s modular housing business.

The City of Wolverhampton Council has named Wavensmere Homes as its new preferred developer to take on the £150m Canalside South scheme.

The council’s cabinet approved the selection of Wavensmere, six months after its initial preferred developer L&G ceased production at its flagship modular factory in Leeds.

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