Birmingham City Council is proposing to sell three developed plots on the Perry Barr Residential Scheme to a third party.
The council’s property cabinet sub-committee will discuss selling 755 homes, many ready for immediate occupation, on 8 August.
Earlier this month, cabinet approved recommendations to retain 213 homes for council housing use. This will bring a total of 968 homes into use on the PBRS, located in phase one, across plots 6, 7, 8 and 9.
Perry Barr has consent for 1,414 homes across 11 plots, including 312 affordable homes, with a further 500 homes at the wider village project in the centre of Perry Barr.
The proposals being brought forward for approval follow on from a review of the scheme’s disposal strategy and an active period of the plots being marketed for sale to professional investment managers and operators.
The masterplan has a troubled history. Birmingham council prepared new financing and disposal options in 2021 after plans for a £500m athletes’ village for the 2022 Commonwealth Games in Birmingham were scrapped in 2020.
Construction delays, exacerbated by the coronavirus pandemic, were blamed for the decision to abandon ambitious plans to build accommodation for as many as 6,500 athletes in Perry Barr.
Sharon Thompson, deputy leader and cabinet member for economy and skills, said: “As someone who visits Perry Barr regularly, I know the area has been transformed in recent years and is now a destination of choice for visitors and for those wishing to relocate.
“The investment in Perry Barr has brought massive benefits locally, with upgraded public transport links and the stunning redevelopment of the Alexander Stadium, and this deal will now deliver better housing choices for local people.”
Image from Birmingham City Council
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