We are delighted to announce that Cobalt has received £1.6 million in Brownfield Land Funding to build 70 new affordable and sustainable homes in Croxteth.
The significant investment from the Liverpool City Region Combined Authority will transform the Stonedale Estate in Croxteth as part of our wider regeneration of the area.
Louise Davies, Executive Director of Communities and Regeneration at Cobalt, said: “As part of our commitment to build 1,000 new homes over the coming years, we have a significant regeneration and investment programme for our Stonedale Estate, which will deliver over £20 million into the area through a combination of new build, estate improvement works and the re-modelling of existing stock. This project demonstrates our commitment to revitalising brownfield land, reducing housing waiting lists and creating sustainable communities.”
The development will provide a range of houses, apartments and bungalows, with work expected to begin over the next few months.
Steve Rotheram, Mayor of the Liverpool City Region, said: “Our region is built on ambition, and we’re investing in projects that make a real difference to our communities.
“This funding will help transform a once-unused site into high-quality, affordable homes for local people—ensuring that we are not just building houses, but creating sustainable, thriving communities.
“By unlocking the potential of brownfield land, we’re tackling the housing crisis head-on, and ensuring that our regeneration efforts are environmentally responsible and future-proofed.”
All homes will provide affordable tenure options. Being built using sustainable building practices, this makes them energy efficient and reduces the cost of energy bills for residents in the long-term.
