Major housebuilder Persimmon Homes has unveiled a £200 million-plus homes boost for the West Midlands.
Persimmon said in the last six months it had purchased, or been granted planning permission, for 1,121 new homes across the region.
The developer's Wolverhampton-based subsidiary is gearing up for the construction of new properties at two sites in Birmingham, including Attwood Green off the Lee Bank Middleway in Edgbaston and Rednal Road in West Heath.
It is also the lead developer at the former Wordsley Hospital in Dudley. Work is also due to commence at Wenlock Road in Bridgnorth, and a major part of land at Ward Street in Wolverhampton has also been acquired.
Spanning a total of more than 86 acres and with a combined gross development value worth in excess of £213 million, the new sites will incorporate a mix of properties. Dominic Harman, managing director for Persimmon Homes West Midlands, said: "Starting
construction on such a substantial number of plots continues the growth of our business and is a major achievement for us. This significant investment is further evidence of the confidence we have in the West Midlands new homes market.
"We still find that demand for new homes throughout the region remains strong, employment remains stable and these new sites will come as welcome news for local house hunters. We want to make sure that we maintain and continue to strengthen our market share across the region.
However, this can only be achieved by continually investing in the right sites when they become available. All of these new developments are situated in prime residential locations, we are expecting great success from them.
"These new additions will take us to 20 active developments across the region, which is the highest number of outlets we have ever had in the West Midlands."
Persimmon Homes West Midlands is currently building in Wolverhampton, Atherstone, Cannock, Cape Hill, Great Wyrley, Lichfield, Rugeley, Shifnal, Stourbridge, Tamworth, Telford and Walsall.
Meanwhile Cala Homes (Midlands) has won detailed planning permission for a £26 million residential development of 107 new homes in Milton Keynes.
It intends to build a range of new homes from one- and two-bedroom apartments to large three- to five-bedroom family houses on the 6.4 acre site, part of the Broughton Gate scheme.
Work is expected to start in October, with the first new properties being released for sale early in 2008.
It is Cala's first development in Milton Keynes, but it is eager to acquire further land in the area.
"This is one of the largest sites for houses which we have acquired this year," said Darren Humphreys, managing director of Cala Homes (Midlands).
"Developing at Broughton Gate is a key part of our strategy to more than double our turnover in the next three years."
The firm has £50 million to spend on acquiring land.