A £4.5 million build-to-rent scheme has launched in Morecambe which offers 42 one-to-two-bedroom apartments.
The now-completed Bay Mill scheme, named after the area’s history as home to Lancashire’s famous mills, offers homes within walking distance from the seafront.
So far 50% of apartments are let across the scheme.
Bay Mill, Phil Jones, projects director at Placefirst, said: “Increasing the availability of high-quality housing that delivers lasting value for residents and the wider community requires collective effort. To deliver houses in the right locations that truly meet local needs, partnerships are key – and Bay Mill is a great example of why.
“Our collaboration with Lancaster City Council enabled us to identify suitable land in an ideal area, allowing us to provide apartments where they are most needed.
“As local authorities across the country consider how to boost housing supply, and our sector seeks to go even further to bolster its response to housing demand, private-public partnerships will be vital in successful delivery. At Placefirst, we remain committed to exploring partnership opportunities in the North West and beyond.”
This new scheme comes in addition to Placefirst’s existing 107-home West End One neighbourhood.
