THE first residents have moved into an affordable housing scheme that has transformed a derelict Lye factory site.

The keys have been handed over to the first occupants of the new development in Balds Lane which is transforming the old Jubilee Works into 89 affordable homes.

GreenSquareAccord is working with Owl Partnerships, under a design and build contract, to rejuvenate the former industrial site with 35 houses and 54 apartments – all of which will be available for an affordable rent.

Mike Nolan, head of development at GreenSquareAccord, said: “I am delighted to see the first customers have moved into their new homes on Balds Lane.

“Our development in Lye is catering to a variety of local housing need by providing a range of homes including one and two-bed apartments and two, three and four-bedroom houses.

Stourbridge News: The new development of affordable homes in Balds Lane, Lye.The new development of affordable homes in Balds Lane, Lye. (Image: GreenSquareAccord)

“This is an excellent use of a brownfield site, replacing vacant industrial units with high quality new affordable homes.”

Ricki Phillips, who recently moved into his new home on Jubilee Drive, said: “I really like my new place - it’s got everything you need on the doorstep.”

Balvinder Heran, deputy chief executive of Dudley Council, said: “This development has transformed a derelict former factory site that had been vacant for many years into a community with a range of affordable houses and apartments.

"It’s fantastic to see the first residents move in and I’m thrilled to hear they like their new homes.”

Stourbridge News: The new development of affordable homes in Balds Lane, Lye.The new development of affordable homes in Balds Lane, Lye. (Image: GreenSquareAccord)

The homes are being built using low carbon LoCaL Homes Eco-100 timber frame panels to reduce construction times on site.

Mike Doolan, sales and partnerships manager for LoCal Homes, said: “As the homes fabric is made from a sustainable material it will capture more carbon than traditional methods of construction and will be much more thermally efficient.

“This will subsequently help with the running costs and lower fuel bills for the tenant.”

The development is expected to be completed by autumn.