Capital&Centric to partner with Middlesbrough Council on plans for thousands of new homes

Middlesbrough Council will be asked next week to back plans for the Council to partner with social impact developer Capital&Centric to deliver thousands of new homes in Middlehaven.

The vision would see up to 3,400 houses and apartments in the area around the Old Town Hall and towards the waterfront at Middlehaven Dock, within walking distance of Middlesbrough town centre. The project would also bring new leisure and retail attractions to the area.

Capital&Centric is famed for delivering imaginative town and city centre neighbourhoods on challenging brownfield sites, with bold regeneration projects across the UK - including in Manchester, Sheffield and Stoke.

The developer has successfully worked in partnership with Homes England, the Ministry for Housing, Communities and Local Government and a number of Mayoral combined authorities to bring forward major regeneration projects throughout the UK.

Capital&Centric is currently working with HomesEngland to lead the delivery of a town centre and around 2,000 homes at the Northstowe new town in Cambridge.

Mayor Cooke said:‍

“Middlehaven has such an important role to play in the future of Middlesbrough. I share the frustrations of many people that as a town we haven’t been able to properly tap into the area’s potential over a number of decades. But if we get this right it can be a catalyst for change and bring a new energy and character to our town centre. It’s really exciting for us. The opportunity is enormous and the report to Executive sets out how we would work with Capital&Centric to carefully bring forward a plan that could solve one of our biggest regeneration challenges.”

Cllr Theo Furness, Middlesbrough Council’s Executive member for Regeneration, said:‍

“Capital&Centric have a track record of delivering award-winning developments in areas that had previously posed difficulties. Bringing new housing, leisure and retail opportunities on this scale to Middlehaven would be massive for Middlesbrough and complement the other successes in that area including Middlesbrough College, the Boho X development and the upcoming Outwood Academy Riverside and redevelopment of our precious Old Town Hall.”

John Moffat, managing director at Capital&Centric, said:‍

“There’s a massive opportunity to deliver something really special in Middlehaven. We would bring our track record of creating buzzing new neighbourhoods, defined by stand out architecture, homes designed for modern living and all the spaces in between that create a proper community.”

Subject to Executive approval, £3.6m of the Council’s TownsFund allocation from government would be used to allow Capital&Centric to develop the vision.

The report will be discussed at a meeting of the Executive on November 12.