A new development for Grainger plc, the UK’s largest listed residential landlord, in Sheffield has officially topped out, marking the final phase of the city’s Well Meadow regeneration project.
Graham has continued its relationship with the Developer Panacea Property Development in delivering the 284-home Build to Rent scheme, which is to be owned and operated by leading landlord Grainger plc.
It will provide 284 studio, one, and two bedroom apartments across two residential buildings designed for the rental market in the Well Meadow Conservation Area in Sheffield City Centre – a key location near Kelham Island and the Royal Hallamshire Hospital. Residents will benefit from high quality homes, extensive amenity space including co-working space, lounge and gym, and Grainger’s dedicated onsite Resident Services Team.
Peter Reavey, regional director at Graham said:
“This new Build to Rent development will significantly enhance Sheffield’s residential offer, providing high-quality accommodation in a thriving location that is benefitting from wider regeneration efforts. We have a growing portfolio of BTR projects that we have helped to deliver over the years and it’s a privilege to be working alongside Panacea Property Development and Grainger plc on this latest scheme in Sheffield.”
Mike Keaveney, director of land and development at Grainger plc said:
“We are delighted with the progress of on our latest development, our second in Sheffield and our fourth in Yorkshire. We know from our existing sites that people really value the combination of high-quality homes and excellent service that we deliver, and we look forward to seeing this scheme come to life over the coming months.”
Neil Patten, managing director at Panacea said:
“We are delighted to be working with Peter and his team at Graham again in delivering high quality, purpose built rental accommodation within UK city centres. The teams from Graham, Grainger and Panacea have worked extremely well together to reach this important stage of the project during challenging market conditions.”