Graham seals £36m Sheffield build to rent tower

Aaron Morby 4 years ago
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Graham has signed a £38m deal with Manchester developer Panacea Property Development for a built to rent tower block that will form the final phase of the Well Meadow regeneration project in Sheffield.

Manchester-based Panacea Property is developing the scheme
Manchester-based Panacea Property is developing the scheme

Funded by rental homes specialist Grainger, the scheme will provide 284 studio, one, and two-bedroom apartments across two residential buildings designed for the build to rent market in the Well Meadow Conservation Area in Sheffield City Centre.

Peter Reavey, Regional Director at Graham said: “We’re proud to be working again with Panacea Property Development following our successful development of the Copper House – Liverpool in February 2021.

“We are also excited to be working with Grainger, which is delivering hundreds of homes for rent in one of the UK’s most thriving cities.

“Sheffield is undergoing a period of regeneration and the provision of high quality housing remains a priority.”

The project is expected to complete by summer 2023.

 

 

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