A Stafford-based housing provider has secured a major role in the regeneration of a former power station site where 2,000 homes are planned.
Housing Plus Group has signed contracts with housebuilder Vistry to deliver 398 affordable homes at the former Rugeley Power Station site.
The deal follows planning approval for the first phase of the development which includes 547 homes, a spine road and associated public open space on the 139-hectare development.
Work is expected to begin in the coming weeks with the first phase likely to be completed around 2030.
The coal-fired power station closed in 2016 and the site has already undergone demolition and remediation works.
The wider scheme will create a new neighbourhood featuring a mix of affordable homes, private rented sector homes (PRS) and homes for sale on the open market, alongside a school, a riverside park and commercial space.
David Hall, executive director of investment and growth at Housing Plus Group, said: “Delivering almost 400 new affordable homes marks a key moment in our partnership with Vistry and in the delivery of our development programme as we continue to create places people are proud to call home.
“This exciting strategic site is a key element of growing our provision of high-quality affordable homes. As a place-based leader, we are committed to delivering for our customers and communities in Staffordshire.”
Michael Moore, Managing Director of Vistry North West Midlands, said: “Our partnership with Housing Plus Group to deliver 398 affordable homes is a major step forward for the regeneration of the former Rugeley Power Station site.
“Alongside securing planning permission for the first phase, it means we can now move ahead with confidence and begin creating a high-quality new community for Rugeley.
“Like many areas of the UK, the town has a severe shortage of housing, and this development will help address that need by delivering affordable and social rent homes, as well as PRS and open market homes, at pace.”
Housing Plus Group is currently based at Acton Gate, Stafford, but is in the process of selling the office. It has another base at Beaconside, Stafford, as well as offices in Shrewsbury and Telford.
