Mitheridge Capital Management’s Post

Plans have been submitted to transform a 1960s brutalist multi-storey car park into over 100 flats in Newcastle-Under-Lyme. Developer Capital&Centric aims to create one-to-three bed flats with a social hub, gym, mini-cine, and lounge space, revitalizing key town center spaces. These innovative plans for the Midway car park are part of a larger project with the Council, backed by over £35m of investment from the Government’s Future High Street Fund and Town Deal Fund. John Moffat, joint managing director at Capital&Centric, emphasises the importance of bold and creative approaches to brownfield land development, providing much-needed homes in a prime town center location. Councillor Simon Tagg, Leader of Newcastle-under-Lyme Borough Council, commends the proposal for repurposing the Midway site, avoiding wasteful demolition, and contributing to the town's regeneration alongside other key projects. With the forthcoming transformation of the Castle car park and other sites, the town is on a positive trajectory towards a vibrant future. Read more: [https://lnkd.in/ew9C9P9F] Construction Enquirer #NewcastleUnderLyme #TownRegeneration #FutureDevelopment #CommunityTransformation

While not every co-housing initiative ends in success, it's crucial to discuss and understand the reasons for this. Sharing insights on both triumphs and setbacks paves the way for future achievements in co-housing projects. #communityledhousing #cohousing #howtofail #newzealand https://lnkd.in/gMFZZV57

Charlotte Council Approves Sprawling 105 Acre $490 Million Mixed-Use Hub off Providence Road 🏘️🏗️🏛️ https://lnkd.in/ebX68ZNj #mixedusedevelopment #charlotte #NorthCarolina #queencity #crowntown #realestatedevelopment #charlottecitycouncil #PlansApproved #southcharlotte #realestate #redevelopment #mixedusehub #providenceroad #providencesquare #realtor #charlottelistingagent #Charlottebuyersagent #realestateinvestors

Today is the day. 12.5 acres of brownfield in Frome, could be agreed to be sold to Mayday Saxonvale - making it the largest community-led development in the UK! The officer recommendation is for approval, and we're all optimistic it will happen. It's been a long journey, and one I only joined on the last stretch, with a particularly rollercoaster 48 hours last summer which you can read about here: https://lnkd.in/dm_Z3rMj The question I've been asked a lot the last few days is "what will this decision mean for the people of Frome?" and to me it is the sense of confidence, agency, and possibility it will give us that is so exciting. We have all fought so hard for this, and so many people have made their voices heard - whether through the planning system, getting up at the crack of dawn on May Day to hold hands around the site, or offering their ideas and energy to the development. There is a lot of discussion at the moment about our planning system, and for me the main issue is that it forces people to act defensively, rather than proactively, and as residents rather than citizens. This is what creates so much resistance in the system, and why so many developments get stuck. Most developments start with the needs of shareholders, with the needs of the community tagged on at the end, through tiny concessions or S106s. Community-led developments, like Mayday Saxonvale, start with the needs and wants and vision of the community for the site, and then look at how to make it financially viable. That is the key difference. I think its a really exciting model, and one that I hope we will see more of over the next few years - hopefully inspired by Frome, just as we have been inspired by other community-led developments around the UK, such as Hastings Commons. I spoke at the meeting last summer, and I ended by saying this. Fingers crossed Somerset Council do just this today: "So I’m asking you this afternoon to trust in the people of Frome. Trust that we know what is best for our town. Trust our commitment, our enthusiasm, our energy, and bet on the people here today to deliver not just another development, but a better, more hopeful future for Frome. And please, please, sell this land to Mayday Saxonvale." #communityleddevelopment #localdemocracy

Another example of how we are supporting local developers and communities. Well done Lewis Blakelock and Guy Renner-Thompson This is a great housing scheme in a fantastic location. The properties come with lots of eco-friendly features. Expect the 2 properties to sell quickly..... #residentialdevelopment #construction #localcommunities #developmentfinance #commercialdevelopment

As we approach the conclusion of our exclusive Series 1 social housing investment opportunity, presented in partnership with Alderley Group, we're excited to shine the spotlight on Alderley Group’s development projects. 𝐓𝐨𝐝𝐚𝐲, 𝐰𝐞 𝐰𝐨𝐮𝐥𝐝 𝐥𝐢𝐤𝐞 𝐭𝐨 𝐢𝐧𝐭𝐫𝐨𝐝𝐮𝐜𝐞 𝐲𝐨𝐮 𝐭𝐨 𝐭𝐡𝐞 𝐜𝐨𝐦𝐩𝐥𝐞𝐭𝐞𝐝 𝐚𝐧𝐝 𝐧𝐨𝐰 𝐨𝐟𝐟𝐢𝐜𝐢𝐚𝐥𝐥𝐲 𝐨𝐩𝐞𝐧𝐞𝐝 𝐩𝐫𝐨𝐣𝐞𝐜𝐭, 𝐌𝐚𝐫𝐬𝐡 𝐇𝐨𝐮𝐬𝐞 - 𝐖𝐚𝐫𝐫𝐢𝐧𝐠𝐭𝐨𝐧. In collaboration with Torus Group and Homes England, an affordable housing development has been established on the grounds of a former derelict pub. This initiative aims to address financial exclusion by offering high-quality, affordable housing options for local residents, thereby contributing to the Affordable Warmth agenda. The development consists of 30 new homes, comprising one and two-bedroom apartments built to impeccable standards. Each residence is equipped with energy-efficient communal heating systems, aimed at reducing utility costs for occupants. Adequate parking facilities have also been incorporated into the design. During the construction phase, efforts were made to enhance community infrastructure by replacing a public bus stop situated near the derelict site, thereby benefiting both new residents and the surrounding locality. The layout of the development was meticulously planned to address various considerations including security, privacy for neighbouring properties, aesthetic appeal, and alignment with the local architectural character. Furthermore, close collaboration between the stakeholders ensured effective accommodation of leasing and moving schedules, aligning with the needs and capacities of the client. Marsh House, situated in Warrington, marks Alderley Group's inaugural land and package deal with Torus. The acquisition of the land from a local freeholder underscores the commitment to sourcing prime locations for transformative housing projects. #HousingDevelopments #SocialHousing #Investments #InvestmentOpportunity #ProjectUpdate

The City of Winnipeg has introduced a plan that would require developers to hand over 8% of their land when undertaking large-scale residential redevelopment projects, reported the Winnipeg Sun. "The purpose is to create privately owned but publicly accessible green spaces, such as parks, plazas, or community gardens. This is framed as a way to increase green space and reduce city maintenance costs. It appears to be a well-intentioned move to boost the city’s biodiversity and offer more public spaces. But scratch beneath the surface, and it becomes clear this is a deeply flawed plan that will likely harm future development in our city." https://lnkd.in/gggp-8y9 #winnipeg #development #policy

Work underway on £20m Beverley housing development 🏘️ Work has started on a £20m residential development in Beverley. Lovell has officially commenced construction on The Paddocks in Molescroft, with deputy mayor and consort, councillor Alison Healy and councillor Denis Healy in attendance. 🏡 The development will comprise 53 new homes and aims to set a new benchmark for sustainable living in the area. 💪 Exciting new development improving sustainability in the area! 😁 #Yorkshire #Construction #Housing

As we approach the conclusion of our exclusive Series 1 social housing investment opportunity, presented in partnership with Alderley Group, we're excited to shine the spotlight on Alderley Group’s development projects. 𝐓𝐨𝐝𝐚𝐲, 𝐰𝐞 𝐰𝐨𝐮𝐥𝐝 𝐥𝐢𝐤𝐞 𝐭𝐨 𝐢𝐧𝐭𝐫𝐨𝐝𝐮𝐜𝐞 𝐲𝐨𝐮 𝐭𝐨 𝐭𝐡𝐞 𝐜𝐨𝐦𝐩𝐥𝐞𝐭𝐞𝐝 𝐚𝐧𝐝 𝐧𝐨𝐰 𝐨𝐟𝐟𝐢𝐜𝐢𝐚𝐥𝐥𝐲 𝐨𝐩𝐞𝐧𝐞𝐝 𝐩𝐫𝐨𝐣𝐞𝐜𝐭, 𝐌𝐚𝐫𝐬𝐡 𝐇𝐨𝐮𝐬𝐞 - 𝐖𝐚𝐫𝐫𝐢𝐧𝐠𝐭𝐨𝐧. In collaboration with Torus Group and Homes England, an affordable housing development has been established on the grounds of a former derelict pub. This initiative aims to address financial exclusion by offering high-quality, affordable housing options for local residents, thereby contributing to the Affordable Warmth agenda. The development consists of 30 new homes, comprising one and two-bedroom apartments built to impeccable standards. Each residence is equipped with energy-efficient communal heating systems, aimed at reducing utility costs for occupants. Adequate parking facilities have also been incorporated into the design. During the construction phase, efforts were made to enhance community infrastructure by replacing a public bus stop situated near the derelict site, thereby benefiting both new residents and the surrounding locality. The layout of the development was meticulously planned to address various considerations including security, privacy for neighbouring properties, aesthetic appeal, and alignment with the local architectural character. Furthermore, close collaboration between the stakeholders ensured effective accommodation of leasing and moving schedules, aligning with the needs and capacities of the client. Marsh House, situated in Warrington, marks Alderley Group's inaugural land and package deal with Torus. The acquisition of the land from a local freeholder underscores the commitment to sourcing prime locations for transformative housing projects. #HousingDevelopments #SocialHousing #Investments #InvestmentOpportunity #ProjectUpdate

We are thrilled to announce the upcoming development of the Summit at Granby Apartments in Granby, Colorado, the first competitive modular affordable housing project in the state of Colorado!   This innovative project, developed by the Summit Housing Group, is blazing the trail for a significant change to the future of low-income housing. With 67 units, including one-, two-, and three-bedroom apartments, this development will provide affordable housing for residents with incomes between 30% and 80% of the area median income.   Proof of Concept for Modular Building of Affordable Housing This advance in modular building design and execution is possible through the deep experience provided by our modular partner, Fading West whose factory is located in Buena Vista, Colorado. The project will break ground in May 2025 and is expected to be completed by the end of Q1 2026. We are proud to support this initiative and look forward to seeing the positive impact it will have on our community.   #AffordableHousing #ModularHousing #GranbyColorado #CommunityDevelopment #HousingInnovation #FadingWest #LEANConstruction