Cityheart Business Update

The last 12 months have been transformational for urban regeneration specialist Cityheart and as the team heads to UKREiiF 2025, they are also making plans to celebrate the 20th anniversary of the business.

Over £750m GDV has been secured for regeneration projects across the UK, funding that will see the delivery of more than 1700 new homes, 500 affordable homes, 200,000 sqm of commercial and leisure space and two international branded hotels, all through collaborative procurement and partnership working with public sector organisations.

Cityheart has invested heavily in delivering for these partners, bringing together an incredibly experienced national development team, focused on overcoming the many challenges the development sector faces to ensure it delivers bold, sustainable regeneration projects that empower communities and create lasting value.

Since UKREiiF 2024, £250m GDV of this pipeline has commenced and, having navigated a complex funding market, various planning challenges, rising construction costs and the complexities of the Building Safety Act, numerous building contracts are signed and rapid progress is being made on sites across the country.

Commenting on the business as the team joins UKREiiF 2025 chief executive officer Jonny Wrigley said: “The strength of our development pipeline and a number of signed funding agreements lays a solid foundation for continued growth and for long term sustainable and profitable development for our investors, shareholders and public sector partners. We’re looking forward to talking to more local authorities, investors and potential partners at UKREiiF and are extremely excited about the future for the business.”

Last year the award-winning £140m Interchange scheme in Stockport completed, delivered in partnership with Stockport Council, TfGM and GMCA. The development includes a state-of-the-art transport interchange and 196 highly-sustainable apartments

Building on its presence in Stockport, Cityheart is underway delivering 442 homes at Stopford Park, the redevelopment of the former Stockport College site.

Cityheart will also be delivering 462 new homes in Wigan as part of the ground-breaking Fettlers. Fettlers will include the largest market and food hall in the Greater Manchester region as well as transformational leisure and retail uses.

In Widnes Cityheart has partnered with Plus Dane to deliver 63 two- and three-bedroom affordable homes at Foundry Lane. The wider masterplan includes over 300 new homes delivered in phases across 20 acres of former industrial land in Halebank, Widnes.

Last year Cityheart was selected by Knowsley Council to redevelop Prescot shopping centre into mixed tenure housing and as development partner by both West Northamptonshire Council and East Herts Councils to deliver transformational mixed-use regeneration schemes in the south.

In addition, through its joint venture partnership with HBV Group, HBV Cityheart is investing over £100m into much needed Supported Living and Extra Care, this will see some 400 new homes delivered nationally for the most vulnerable in society in partnership with several local authorities

Alongside a multitude of awards for the Interchange, Stockport Cityheart, was announced earlier this year as North West Business Insider’s Urban and City Living Developer of the Year.

About Cityheart

Cityheart transforms places, delivering bold, sustainable regeneration projects that empower communities and create lasting value. Partnering with the public sector across the UK we transform urban spaces into thriving places for future generations to enjoy.

Though we’re a development company at heart, we push boundaries by blending creative thinking with strategic expertise, offering tailored solutions for the unique challenges of both public and private sector projects.

Collaboration and excellence are at the core of our approach. We work closely with our partners to understand their goals and deliver sustainable, cost-effective solutions that maximise value. As an independent company, we have the freedom to innovate, especially in design and funding, ensuring we explore all possibilities to get the best results.

Alongside regeneration of places we also deliver specialist projects in healthcare, justice, extra care, education, and student living, creating spaces that empower and nurture people.

The business has over £750m GDV of regeneration projects across the UK that will see it deliver more than 1700 new homes, 500 affordable homes, 200,000 sqm of commercial and leisure space and two international branded hotels. £250m GDV of this pipeline is fully funded and we are on site delivering projects across the country including Stopford Park in Stockport, Fettlers in Wigan, Foundry Lane in Widnes, Prescot Shopping Centre and Four Waterside and Marefare in Northampton.

Cityheart is now proudly celebrating its 20th anniversary in 2025.

For more information visit www.cityheart.co.uk