Urban Splash to build its biggest modular project yet
The British developer is to build 347 homes as part of a £55m residential project in Merseyside. The number of homes more than doubles the total amount of modular units Urban Splash has built to date.
The company so far has constructed 147 homes in four locations; 43 in New Islington, Manchester; 70 in Irwell Riverside, Salford; and 34 in Smith’s Dock, North Shields, 10 of which were designed by TV architect George Clarke.
The development is a joint venture between Urban Splash and Peel Land + Property, as part of Peel’s Wirral Waters, a £4.5bn development on former dock land.
The project will include four house types; House, Mansion House, Villa and Fab House. Each property will be customised by buyers before being created offsite and delivered to site.
The units will be built in the factory in Alfreton, Derbyshire acquired by Urban Splash as part of its takeover of SIG, since rebranded Urban Splash House. SIG had been supplying Urban Splash with modular homes before falling into administration and ultimately being sold for £1 to Urban Splash.
Speaking about the acquisition last year, Urban Splash chairman Tom Bloxham, said: “SIG has been a great company to work with, but as the factory gradually filled up with Urban Splash product, it became clear to all that its natural home was with Urban Splash.”
The property industry’s interest in supplying modular homes is growing, as demonstrated by Legal & General’s investment into affordable housing by acquiring Europe’s largest modular homes factory in Leeds in 2016.
The 550,000 sq ft factory has the capacity to produce up to 3,000 homes per year, employing several hundred local people. Legal & General announced in December 2018 that it had delivered its first set of 34 homes, to its newest development Buckler’s Park in Crowthorne, near Bracknell.
Jonathan Falkingham, founder and creative director at Urban Splash, said: “This is another part of our ambitious plan to expand our modular housing business and follows our acquisition of the House factory.
“We are keen to create well-designed, urban family homes in more cities across the country. Merseyside, which was the birthplace of Urban Splash 25 years ago, seems the perfect place to move forward.”
Richard Mawdsley, director of development at Peel L&P, said: “Our new joint venture with Urban Splash is fantastic news for our local community bringing the very latest in housing design and innovation to the site.
“We’re now just waiting on the final piece of the jigsaw, securing a Housing Infrastructure Fund grant from Homes England. Only then can we finally get the first wave of housing underway at Wirral Waters.”