Lead development partner announced for East Bank Urban Village
Hull City Council has announced its intention to appoint ECF, a partnership between Muse, Legal & General, and Homes England, as its lead development partner for East Bank Urban Village following an extensive procurement exercise.
Marking a significant milestone for this major regeneration, the council plans to enter into a 15-year development agreement with ECF for the master planning, development and construction of the opportunity, which is expected to see a mix of uses including 850 new homes.
Located to the east of the River Hull, opposite the old town, the scheme will comprise high quality new homes and infrastructure in the heart of the city, transforming a forgotten part of Hull into a vibrant and exciting contemporary urban village.
The regeneration is backed by £9.875m of secured Levelling Up Partnership funding and will be a long-term investment into the city. It will also be well placed to plug into the planned District Heating Network.
East Bank Urban Village will significantly contribute to meeting the council’s City Plan aspiration for 2,500 new dwellings within Hull city centre.
The new homes will be developed alongside ground floor commercial uses and an interconnected network of streets, plazas and green spaces to promote a pedestrian friendly, family atmosphere.
ECF has a strong track record of delivering complex and award-winning urban regeneration schemes nationally and work closely with institutional investors as well as government partners.
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