JV NORTH MEMBER TORUS BEGINS £20m HOUSING SCHEME TO TRANSFORM DERELICT HOSPITAL LAND

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A JV North member has started a £20 million housing development to create affordable homes for local families.

The Town Lane scheme in Kew by Torus will see a former hospital site transformed after standing derelict for several years.

Remediation of the site is currently underway after which construction of the new homes will begin in earnest.

More than 150 two and three bedroom houses and one and two bedroom apartments will be phased over the coming months.

The first phase of homes is expected to be ready in summer 2019.

Left to right – Torus chair Graham Burgess and Torus chief executive Rob Young

Visiting the site, Torus chief executive Rob Young said: “We’re thrilled to be working with Sefton Borough Council to regenerate the site and bring it back into the community by building truly affordable homes for local people.

“We’ll be offering a mix of homes for affordable rent, sale through shared ownership and a private rent option for those who don’t qualify for social housing but are looking for security at a competitive price from a landlord they can trust.”

Torus, one of the biggest developers of affordable housing in the North West, is currently building around 700 homes at various locations throughout the region.

The group owns and manages more than 22,000 homes in St Helens, Warrington, West Lancashire and East and West Cheshire.