Keon Homes announces start of £28m Wolverhampton scheme as it outlines ‘regeneration blueprint’ at UKREiiF”

One of the UK’s fastest growing affordable housing developers is heading to UKREiiF tomorrow with a blueprint for unlocking difficult regeneration sites.

Keon Homes will be speaking at the biggest real estate investment infrastructure show in the country and is using the platform to announce the start of its latest scheme for City of Wolverhampton Council’s £1bn housing framework.

The Burntwood-based company will begin construction on the £28m Heath Town site on the edge of the city, transforming the old Duke of York pub into 32 affordable one and two-bedroom council apartments.

This marks the next phase in the wider £120m regeneration of the area that will eventually deliver up to 120 new homes across five different locations, all following on from the earlier success of Hobgate Road and Tithe Croft.

Managing Director Richard Williams, who will be one of the main speakers at the Housing Delivery Showcase on Tuesday, said: “We are pleased to bring forward the Duke of York scheme, a development that shows the Keon model works…combining modern delivery methods, strong stakeholder collaboration and a focus on social value to unlock difficult regeneration sites.

“It also underlines our capability to scale regeneration programmes across multiple sites under framework agreements, with this latest one following the start of ambitious projects at New Park Village and Lincoln Green in Bushbury.”

He continued: “UKREiiF is the perfect place to highlight what we believe is a blueprint that could be replicated across other towns and cities facing similar housing and regeneration challenges.

“Phased regeneration, mixed housing needs, accessibility, community-focused design and long-term partnership is working in Wolverhampton and supporting a local authority in accelerating housing delivery while creating lasting social impact.”

The Duke of York project replaces a long-vacant building with affordable housing, acting as a real gateway site into Wolverhampton city centre.

This will be reflected by enhanced landscaping, shared garden spaces and balconies to encourage placemaking and community interaction.

All properties will be energy efficient and built to a high standard providing a place for individuals and families in the area to proudly call their home.

Richard went on to add: “I’m really looking forward to speaking at UKREiiF, talking in partnership with Midland Heart on how we have played a fundamental role in bringing the iconic Port Loop development back to life and our eagerly awaited work on Tower Ballroom in Edgbaston.

“The Housing Delivery Showcase will be one of the highlights of the West Midlands Pavilion and reflects the entire region’s commitment to working with the real estate sector to drive residential delivery.”

In just seven years, Keon Homes has grown from a start-up operation into a genuine leader in affordable housing, transforming the way sustainable homes are delivered to thousands of people.

The last twelve months has been its most active year yet, with 376 properties completed and a further 250 units in the process of being built across the Black Country, Birmingham, Coventry, Lichfield and Telford.

For further information, please visit www.keonhomes.co.uk