Landing BBC’s MasterChef at Warwick Bar in the heart of Birmingham.
The regeneration of Digbeth is one of the agency’s first actions to deliver on the Levelling Up agenda.
Picture: Lensi Photography
Homes England has worked with development firm Digbeth Loc Limited and their partners to help bring the MasterChef studios to the agency’s Warwick Bar site in central Birmingham.
Under the agreement, with Digbeth Loc the development firm run by Peaky Blinders creator Steven Knight, Homes England will lease part of its land at Fazeley Street to Digbeth Loc, who will develop proposals for a mixed-used scheme, starting with the MasterChef production hub.
Homes England has assembled Warwick Bar – a collection of derelict and brownfield sites around Digbeth to help catalyse the wider regeneration of Digbeth.
The regeneration of the wider Warwick Bar site will have a transformational impact on central Birmingham and the wider economy, bringing around 1,000 new homes, and around 270,000 sq ft of employment or educational floor space.
Accelerating the delivery of one of London’s biggest regeneration projects.
Through a £100m infrastructure loan, Homes England is bringing forward the completion date of one of London’s largest regeneration schemes by three years.
Canada Water will be the first new town centre in London in 50 years: a truly mixed-use new urban centre, built for the future.
Over the next twelve years, the 53-acre masterplan will deliver a new high street and town square, up to 3,000 new net zero carbon homes, 2 million sq ft of workspace accommodating 20,000 workers, a range of other public amenities and 16 extra acres of parks and places to pause and relax.
The £100m loan from Homes England is supporting British Land to fund new transport infrastructure, affordable homes, the town centre, and the development’s sustainability strategy.
Boosting lending for SMEs looking to build sustainable homes.
Alongside Octopus Real Estate, Homes England has launched the Greener Homes Alliance, a new £175m lending alliance.
The Alliance will provide loan finance and expert support to SME housebuilders, enabling them to build more high quality, energy efficient homes throughout England.
Homes funded must achieve a minimum sustainability level and will benefit from increasing interest rate margin discounts as the energy efficiency of the homes increases above this.
This new partnership, the latest in a series of impactful lending alliances, will give smaller housebuilders both the funding and the knowledge needed to build more sustainable homes.
Supporting new investment in affordable housing.
Long-term institutional investment in affordable housing can help meet the needs of communities across the country.
Homes England recently invested £20m in Man Global Private Markets (GPM) new Community Housing Fund.
The investment forms part of a wider equity raising exercise by Man to build a £400m fund to deliver 3,000 new affordable homes by 2026.
Additionally, we recently agreed a £10m investment with M&G to support the launch of their Shared Ownership Fund.
The investment from Homes England will help accelerate the delivery of 2,000 affordable homes through M&G’s new for-profit registered provider. Initially working in partnership with The Hyde Group, the fund can offer affordable housing providers capital to build new homes.
Homes England’s commitment to the fund is a strong signal that the Government sees significant opportunities for domestic and international institutional capital to support the delivery of new affordable housing.