The Regenter Excellent Homes for Life Consortium comprising Regenter, Wates Living Space and Pinnacle PSG has achieved financial close for the Excellent Homes for Life Housing PFI project by Kirklees Council.
The project includes the new build of 140 homes for older people within three extra care housing schemes offering care and support, 291 one and two bedroom homes for small households, and 35 homes specifically designed for wheelchair users. The new homes will be built on 27 sites across Kirklees.
Wates Living Space will deliver the homes over a 27 month construction programme with work on the first 12 sites starting immediately. Other sites will follow in phases over the next two and a half years. Services will ramp up with the handover of each site and will continue for 20 years after the last site is completed. All services will be delivered by Pinnacle PSG and will include housing and tenancy management, cleaning, grounds and waste management, helpdesk, responsive repairs, planned and cyclical maintenance, and lifecycle replacement.
Regenter has an 80% equity stake in the project with Wates holding the remaining 20%.
