A £64 million scheme to build 500 new homes and apartments will go up for approval in Birmingham next week.
The cabinet will be asked to give their support to the major new home building programme headed up by Birmingham Municipal Housing Trust on the 18th October. The plans include the rejuvenation of the Bromford Estate, which is located near to the Fort shopping centre in Castle Bromwich.
The redevelopment will include the building of 225 new homes – 168 of these will be made available for for affordable rent while the remaining 57 will be put up for sale. The cost of the Bromford Estate development will cost £28million.
In addition to the Birmingham Municipal Housing Trust proposals for the Bromford redevelopment, the cabinet will also decide on the proposed construction of a further 300 new apartments and homes to be developed by Birmingham City Council's own company INReach.
INReach is already making progress on the construction of 92 apartments in the city centre after gaining approval in September 2015. The new proposal looks to build on this project and deliver further housing for the city, with the new 300 homes costing an estimated £36 million.