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Consortium closes deal on Stoke's £100m extra care PFI

23 Jul 14 Stoke-on-Trent’s Sapphire consortium has divided out the construction work among its member companies, with Eric Wright building two developments and Seddon building one.

Seddon will transform the former Westcliffe Hospital site in Chell
Seddon will transform the former Westcliffe Hospital site in Chell

Stoke-on-Trent City Council appointed Sapphire in January to build 390 extra care apartments in villages at three sites across the city under a £100m private finance initiative (PFI) deal. (See previous report here.) This has now reached financial close.

The consortium comprises building firms Eric Wright Group and Seddon Construction along with housing provider Your Housing Group, which will manage the properties on completion, and developer/investor Kajima Partnerships.

As part of the scheme Seddon will transform the former Westcliffe Hospital site in Chell, which will see 140 apartments built over the next two years under a a £21.5m deal.

Eric Wright Construction will build the other two developments in Holdcroft Fields, Abbey Hulton and in Consett Road, Blurton.

Seddon regional director Eamonn Burns said: “We are delighted that we can now begin work to deliver these much-needed apartments for Stoke-on-Trent.

“As well as delivering a state-of-the-art extra care facilities, the development will see the delivery of new jobs and apprenticeships as well as benefitting the local supply chain as we look to appoint firms close to the development where possible.”

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MPU
MPU

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