Major step forward in Sunderland’s city centre regeneration journey as Homes England invest £27.7m to unlock Sheepfolds neighbourhood
Latest investment will unlock the delivery of over 350 new homes in Riverside Sunderland, as partnership working between North East Mayor Kim McGuinness and Homes England enters new chapter.
A major step forward in the transformation of Riverside Sunderland has been confirmed, with Homes England, the government’s housing and regeneration agency, backing the Sheepfolds neighbourhood through a £27.7 million investment.
The funding will help transform the former industrial site, set to be the largest residential neighbourhood with more than 350 homes as part of Riverside Sunderland, with £10 million already invested by the North East Mayor to complement Homes England’s funding package.
The announcement is the latest example of close collaboration between local authorities, Homes England and the North East Mayoral Strategic Authority, which recently announced a new delivery partnership to accelerate growth and house building across the North East.
The partnership includes a joint Major Projects Delivery Unit - one of the first arrangements of its kind in England and the first of its scale in the North East - bringing together expertise, resources and leadership from the North East Mayoral Strategic Authority, Homes England and local authority partners to unlock complex sites, support major developments and drive forward the region’s growth ambitions.
Tom Bridges, Executive Regional Director, North East, Yorkshire and the Humber, at Homes England, said:
Our long-standing partnership with the North East Mayoral Strategic Authority and Sunderland City Council continues to deliver real results for local people. This latest funding will enable delivery of the next phase of Riverside Sunderland, one of the most exciting and impressive regeneration projects in England. It will unlock much-needed new homes on brownfield land in the heart of Sunderland and create a vibrant new neighbourhood that connects people to their city centre.
We’re building on the great momentum already created by the delivery of Keel Crossing and our wider regeneration efforts throughout the city, and we look forward to continuing to work with partners to transform the city centre for the people of Sunderland.
Cllr Chris Eynon, Leader of Sunderland City Council, said:
We’re delighted to have secured funding from Homes England that will enable delivery of infrastructure and public realm that will accelerate housing delivery, improve connectivity, and ensure the neighbourhood is fully integrated with the city centre and surrounding communities.
This investment marks another major milestone in delivering our vision for Riverside Sunderland. Sheepfolds is a key part of our plans to create new homes, jobs and opportunities in the heart of the city, and its connectivity to the former Vaux site, through to the high street and wider city centre means this is a vital next step in our journey to regenerate the whole urban heart of Sunderland.
North East Mayor, Kim McGuinness, said:
Everyone deserves a safe, affordable home, and my Plan for Homes is a huge step towards making that happen. We’re committed to building 15,000 new social and affordable homes right across the region in the next decade.
But we’re already investing to make that happen. We’re transforming derelict sites, like the one at Sheepfolds, with a vibrant new neighbourhood. It’s just shows that we’re ambitious with our plans for Sunderland whether that’s backing Crown Works Studios, regenerating the city centre or building new affordable homes.”
The new Sheepfolds neighbourhood will support Sunderland City Council’s wider ambition to deliver more than 1,000 new homes across the city centre and forms part of the Riverside Sunderland Creative Mayoral Development Zone, playing a pivotal role in repopulating and reenergising the city.
Homes England’s latest investment will enable the delivery of high-quality infrastructure and public realm across the neighbourhood, including new roads, utilities and active travel routes that are essential to support residential development, while enhancing connectivity between the city centre and surrounding communities.
The new works will build on the success of the Keel Crossing pedestrian footbridge, opened last year and unlocked by Homes England funding, which connects the planned housing development and popular nearby leisure venue Sheepfolds Stables to the heart of the city centre.
ENDS
About Homes England
We are the government’s housing and regeneration Agency, and we’re here to drive the creation of more affordable, quality homes and thriving places so that everyone has a place to live and grow.
We make this happen by working in partnership with thousands of organisations of all sizes, using our powers, expertise, land, capital and influence to bring investment to communities and get more quality homes built.
Learn more about us: https://www.gov.uk/government/organisations/homes-england/about
Press Office Contact Details
Email: media@homesengland.gov.uk
Phone: 0207 874 8262