PEEL Group and Barratt Homes have formed a partnership to bring forward new housing development on a number of Peel’s residential sites in the north-west and north- east of England.
A framework agreement has been entered into by both parties which initially will cover 80 acres of land on six sites with the potential for more than 1,000 new homes to be built over the next five years, with an end value approaching £200m.
Barratt Homes’ Manchester division will shortly be submitting detailed planning applications on two sites in Wigan and south Liverpool for almost 500 houses.
Additional development sites in Greater Manchester, Cheshire and South Yorkshire should follow. Louise Morrissey, director of land and planning, Peel Land and Property, said: “Our agreement with Barratt Homes represents a new way forward during these times of recovery”
