Legal & General’s plans to develop the Longley Industrial Estate into Brighton’s first Build To Rent (BTR) scheme have been approved. Legal & General now has eleven schemes in operation or development across the UK, delivering 3,700 homes for elective renters.
This new scheme will play an important role in supporting the city’s increasing housing demand with 200 homes for renters in a central location, between New England Street and Elder Place, 200 metres from Brighton train station, the development will also deliver 3,270 sq m of commercial space, to accommodate either a single occupier or arranged as incubator space to support start-ups and SMEs.
Dan Batterton, Head of Build To Rent at LGIM Real Assets, said, “Brighton is an ever growing city where people want to live and work. As a major employer in the area, we’re delighted to receive permission to develop this scheme, transforming a rare warehouse brownfield site into a vibrant new place and tackle Brighton’s shortage of housing.”