Caddick secures Riverside Sunderland contract
Caddick Construction has secured a £36.8 million contract to build Farringdon Row in Sunderland, marking its third built-to-rent (BTR) project for developer Placefirst.
The development will feature 165 homes, including a mix of townhouses and apartments, and forms the second new neighbourhood under Sunderland City Council’s Riverside Sunderland Masterplan, which aims to deliver 1,000 new city centre homes.
Managed from Caddick’s Durham offices at Belmont Business Park, Farringdon Row expands the contractor’s growing North East portfolio and underscores its focus on regional projects.
Steve Ford, Regional Managing Director for Caddick Construction North East & Yorkshire, said: “We’re very proud to be continuing our strong partnership with Placefirst on this exciting new build-to-rent scheme in Sunderland. Following the successful delivery of Bolt Works and Deansgate Gardens, our appointment to Farringdon Row reflects the quality, trust and shared vision we’ve built together. We are privileged to play a role in the regeneration of Sunderland, creating high-quality homes and thriving communities for local people.”
Phil Jones, Development Director at Placefirst, added: “Farringdon Row is an exciting addition to our growing portfolio and reflects our commitment to creating quality homes designed for long-term living in Sunderland. By working closely with Caddick Construction, we’re proud to be supporting Sunderland City Council’s ambitious Riverside regeneration plans and bringing new energy to the heart of the city’s waterfront.
“Our partnership with Caddick has gone from strength to strength through several successful projects. Now, Farringdon Row will play a key role in continuing to improve the standard of city centre living in Sunderland, through high quality, sustainable homes and green spaces.”
