Developer Woodbourne Group has this week submitted a planning application for a 70-unit home scheme at West Bromwich’s Black Lake.
The planning application seeks permission to demolish the part-derelict industrial estate to make way for a £13m project. If the application is approved, the demolition work is likely to start at the end of this summer.
Tani Singh Dulay, CEO of Woodbourne Group, supporting the Government’s white paper on housing, said: “Notwithstanding current increased market uncertainty following the snap election, Woodbourne Group remains in robust health to capitalise on a continuing benign land market with £10m under offer on sites in the region and a pipeline now close to £50m.”
Adrian Bailey, Member of Parliament for West Bromwich West said: “I welcome the news of Woodbourne Group’s new build scheme at Black Lake as it is projects like this that can add even greater value to the geographical area but can also give a boost to the local economy.” Tani Singh Dulay, who at just 25, is believed to be the youngest CEO of any property development company in the Midlands.
Woodbourne Group is behind the development of Birmingham’s first £4 million house. Due to complete in early 2018, it is set to be the most expensive residential property in the city’s history.
