This report seeks approval for a capital request for up to £2.255 million for Hind Street Urban Village. These costs are crucial for the Council to reach a point by which it can enter a grant funding agreement with Homes England and Liverpool City Region Combined Authority. No further capital funding is anticipated to be required for the delivery of Phases A and B of the development of the Hind Street Urban Village. A further capital request will be made to support land assembly costs and a two form primary school in 2025. £1.439 million of capital funding is expected to be recovered in the current financial year.

Resolved – That the Economy, Regeneration and Housing Committee recommend to Policy and Resources Committee the allocation of capital funding of £2.255 million to be utilised for the Hind Street Urban Village scheme.

The Hind Street regeneration area is a brownfield site of circa 20 hectares adjacent to Birkenhead Town Centre. The scale and location of the regeneration area presents an opportunity to create a sustainable, market changing urban village that helps to set a standard for future development in the face of the climate emergency.

The regeneration of Hind Street plays a significant role in supporting the Council’s draft Local Plan by enabling up to 1600 new homes to be built during the plan period and ancillary commercial and community uses are proposed to be located to the north of the site to complement and interface with the regeneration of the town centre, serving both the new residential community at Hind Street and wider Birkenhead population.