Housebuilder Barratt Homes has ditched an innovative pilot housing scheme by architect Fluid within the South Yorkshire Pathfinder area.
It is understood the building giant pulled the plug on the 40-home project in Penrith East, north Sheffield, because of a decreasing margins – echoing rumours of plummeting profits across the housing sector due to rising construction costs.
The scheme was to sit on eight infill sites in a Housing Market Renewal (HMR) zone and feature a number of ‘hybrid prototypes appropriate for a contemporary garden city.’
Barratt refused to confirm profit margins had played any part in the decision to drop the development. But a spokesman told the AJ: ‘We have looked very carefully at this project and after thorough research decided not to proceed further.’
If it had been built, the proposed development would have sat alongside a clutch of ambitious housing projects by leading architects assembled in the HMR area north of the city centre. Among those already working on projects are FAT and Dutch practice Mecanoo.
Speaking about Barratt’s withdrawal, Miranda Plowden, the programme director of the city council’s north Sheffield regeneration team, added: ‘We were disappointed that between us we couldn’t make the scheme work. We are now exploring other options to redevelop the site.’
No-one from London-based Fluid was willing to comment.