Market Making and Viability Assessment for Marina Village, Barrow
Awarded 25 Sep 2021
About
Homes England (the name adopted by the Homes and Communities Agency) awarded a contract to Lambert Smith Hampton for a market making and viability assessment of a 26-hectare brownfield waterfront site at Barrow-in-Furness.
The assessment identified housing drivers influencing the local housing market, price points, and the likely impact on the wider Barrow housing market.
It included a light-touch review of development and design constraints, affordability and tenures, and a financial viability assessment recommending funding, parcelling, and promotion strategies to support the council in disposing of the site and enabling delivery of an estimated 700 new housing units over a phased approach.
The contract value was AUD 49,320.
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