City leaders have hailed a new high-quality residential development in the vibrant Fruit Market area as a vital element of Hull’s exciting regeneration.
The eagerly-awaited Fruit Market scheme will be launched this weekend and is seen as a major milestone in the ongoing rejuvenation of the city.
The development heralds the arrival of contemporary city living in Hull, with 101 high-quality one, two and three bedroom homes to be built amid the characterful cobbled streets of the ever-evolving Fruit Market waterside quarter.
Perfectly located just a short stroll from Humber Street in the heart of the Fruit Market and only a few minutes from the city centre, the new homes offer an exciting new lifestyle opportunity.
Hundreds of people are expected to attend the launch event this weekend, when people will have the opportunity to be among the first to secure a high-quality contemporary property in Hull’s new urban village.
The development will be delivered by Wykeland Beal, the joint venture company driving forward the regeneration of the Fruit Market, working in partnership with Hull City Council.
Richard Beal, Chairman and Managing Director of Beal Homes, speaking on behalf of Wykeland Beal, said: “The launch of this exciting residential development is an important landmark, not just for the transformation of the Fruit Market, but for the regeneration of the city as a whole.
“It will create a unique new community offering the contemporary lifestyle and energetic vibe seen in the most vibrant areas of other major cities, within an area buzzing with creativity and culture.
“Making the Fruit Market a highly-desirable place to live, as well as work and spend leisure time, is critical to the long-term vitality and sustainability of the city centre.”
Councillor Daren Hale, Deputy Leader of Hull City Council and Chair of the Fruit Market LLP, which oversees the regeneration of the Fruit Market, said the new homes were essential to driving economic growth and investment.
He said: “We are delighted to see this key housing project launch, providing much-needed residential space in this popular area of the city.
“We know high-quality property and city centre living is essential to a thriving city economy and it is projects like this that will help to drive up investment across the board.
“The redevelopment of the Fruit Market has been a priority for the council for many years and it is fantastic to see it playing a huge part in the regeneration of the city centre.”
Andy Parkinson, Chair of the Bondholders, the Humber region’s marketing organisation, said the “inspiring and aspirational” scheme would capitalise on the boost to Hull’s reputation and confidence delivered by the success of City of Culture.
He added: “This inspiring next step in the regeneration of the Fruit Market provides a choice of first-class city centre living, in a prime location, that will underpin the growth of a 24/7 economy in Hull.
“It shows how businesses and investors are building on the platform and momentum provided so successfully by City of Culture.
“To continue to move forward, the city and region need to develop a portfolio of aspirational developments and projects. This is an excellent example of an investment that positions the city for further growth.”
The launch event will be held from 10am to 5pm on Saturday and Sunday, January 20 and 21, in Building C at the @TheDock development, adjacent to the Centre for Digital Innovation (C4DI) tech hub in Queen Street in the Fruit Market.
The launch is expected to attract large numbers of property hunters, with around 2,000 people having registered their interest in buying a home within the development.
People attending the launch will view new external and internal images and receive details of the property types and prices for the first homes to be released.
An independent mortgage advisor will also be available to provide guidance on mortgages and incentives such as the Government’s Help to Buy scheme, which makes it possible to buy a new home with just a 5% deposit.
The new homes will be mostly townhouses and apartments, arranged in mews style around four private courtyards – Horner’s Quarter, Martin’s Quarter, Scott’s Quarter and Finkle Quarter – all names synonymous with the history and heritage of the Fruit Market.
Finkle Quarter is named after the adjacent Finkle Street, an ancient, cobbled route which was first recorded in 1408, while Martin’s Quarter takes its name from Martin’s Alley, which runs between Humber Street and Blanket Row. The development will see the reinstatement of two historic squares, Scott’s Square and Horner’s Square, which were lost to demolition many years ago and these names will also apply to the other two quarters.
For more information about the residential development and to register your interest in buying a new home in the Fruit Market go to www.fruitmarkethull.co.uk/live
People are strongly advised to confirm attendance in advance via the website, as interest is expected to be very high.