Contracts exchanged for the development of Regeneration Project in UK

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Contracts exchanged for the development of Regeneration Project in UK

Sunderland City Council has exchanged contracts with Placefirst to develop a 165-home neighborhood at Riverside Sunderland, UK.

Located on Farringdon Row, the development will provide high-quality rental housing, including 67 houses and 98 apartments. This project is part of a broader initiative to deliver 1,000 new city center homes and create workspace for 8,000 people. It will also include Culture House, the UK’s smartest library, a world-class eye hospital, the new Wear Footbridge, Housing Innovation Construction Skills Academy, Sheepfolds redevelopment, Vaux residential development, Riverside Park and the Maker & Faber office buildings being developed by Legal & General.

The Riverside Sunderland masterplan will create 1,000 homes for a community of 2,500 people, and 1 million square feet of offices and workspace for 8,000 – 10,000 quality jobs. Beautiful parks and public spaces will create a memorable landscape setting for Riverside Sunderland. After a successful public consultation, Placefirst plans to submit a planning application in autumn 2024, with construction expected to begin in summer 2025.

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