UK house builder Redrow has generated a land value of more than £4m ($5.3m) and agreed to protect £3m of that sum as part its a strategic partnership with Liverpool Mutual Homes and Liverpool City Council. There is a focus and commitment on design and delivery impact, in order to change perceptions of the local area. The joint venture aims to build 1,500 new homes by 2020, with the city council offering up local authority land for sale to Redrow. That money is then ring-fenced, while Liverpool Mutual Homes builds affordable housing. In total, Redrow’s investment in the project will be worth around £5m.
UK house builder Redrow has generated a land value of more than £4m ($5.3m) and agreed to protect £3m of that sum as part its a strategic partnership with Liverpool Mutual Homes and Liverpool City Council. The joint venture aims to build 1,500 new homes by 2020, with the city council offering up local authority land for sale to Redrow. That money is then ring-fenced, while Liverpool Mutual Homes builds affordable housing. In total, Redrow’s investment in the project will be worth around £5m.