Future High Street Living acquires site for residential in Dudley

Future High Street Living not only plans to address the urgent need for housing in the borough but also restore what once was a thriving roadside retail use.

Future High Street Living has acquired a brownfield site in Dudley, with plans to develop a residential scheme that could include Build to Rent | BTR News
Future High Street Living has acquired a brownfield site in Dudley, with plans to develop a residential scheme that could include Build to Rent.

Midlands-based investor and Build to Rent and single-family housing provider Future High Street Living (FHSL) has acquired an 18.49-acre site in Dudley, West Midlands. The company plans to transform the brownfield site into a vibrant place to live, marking a significant step forward in the revitalisation of the local area.

Charlotte Bayliss at Deloitte LLP acted for FHSL on the acquisition. Adrian Willet at Furlong Land & Development was the selling agent acting on behalf of the vendor – Sovereign Centros.

“It was a privilege to work alongside Future High Street Living on this significant acquisition. Their dedication to revitalise and regenerate the black country area is evident from successful previous schemes such as Fountain Lane, Oldbury which delivered 250 homes for the Oldbury area, and we are excited to see the impact this project will have in Dudley once the scheme completes.”

Adrian Willet, Furlong Land & Development

Once home to a derelict industrial estate, this acquisition highlights FHSL’s commitment to supporting the West Midlands regeneration by bringing forward new schemes on brownfield land to support the housing shortage in the UK faces and to create jobs.

With a vision centred around residential and mixed-use developments, including a healthy Build to Rent pipeline in key regional cities across the UK, Future High Street Living not only plans to address the urgent need for housing in the borough, but also to restore what once was a thriving roadside retail use.

“We’re excited to acquire this large brownfield site in such a crucial part of the town which has sat vacant for some years. There is a great opportunity to design a well-balanced housing scheme with a mix of traditional houses ranging from two to four bedrooms alongside one- and two-bedroom apartments. We are very committed to the delivery of this scheme and creating a residential community, providing much-needed housing, whilst also contributing to the economic and social rejuvenation of the area.”

Sam Ginda, Founder and CEO, Future High Street Living

Future High Street Living is currently in the market for additional development opportunities which cover the delivery of traditional single-family housing as well as multifamily housing schemes.