The West Midlands Combined Authority (WMCA) has entered a strategic partnership with British house builder Keepmoat to construct 4,000 new homes in the West Midlands, UK.
The two entities have signed a memorandum of understanding that will support Keepmoat and the WMCA’s wider effort to create a greener region.
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It is also in line with Keepmoat’s efforts to boost its housebuilding by 50% in the West Midlands and to achieve net-zero carbon emissions, especially when constructing at brownfield sites.
Under this agreement, the house builder will construct a diverse variety of homes, ranging in tenure types.
This work is projected to create hundreds of new job opportunities for local people while creating at least 250 new apprenticeship roles.
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Keepmoat intends to hire a minimum of 70% of the related workforce within a 30-mile radius. It also plans to buy the required building materials and supplies mainly from West Midlands-based businesses.
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By GlobalDataWest Midlands’ mayor and WMCA chair Andy Street said: “The West Midlands has been incredibly successful in recent years at regenerating old brownfield sites to build new, affordable homes – so much so that we are currently on track to meet our ambitious 2031 housing target.”
In March this year, the WMCA secured a ‘deeper devolution deal’ with the central government, providing an additional £1.5bn in funding to the authority to level up the region.
Keepmoat’s West Midlands investment will further support the region’s target to develop 215,000 new homes by 2031.
Keepmoat West Midlands & East Midlands divisional chair Charlotte Goode said: “As part of our development work with the WMCA, we are already building a minimum of 1,000 new homes at price points that are accessible to people including first-time buyers.
“Working as a strategic partner of the WMCA, we are actively pursuing net-zero carbon developments, with schemes incorporating climate adaptation measures that respond to the short and long-term impact of climate change.”
