L&G and Hill Group Launch Strategic Partnership to Deliver 200 Affordable Homes in Coventry Regeneration Scheme
Legal & General (L&G), one of the UK’s leading financial services and asset management firms, has entered into a significant partnership with renowned housebuilder Hill Group to support the delivery of 200 affordable homes in Coventry. The homes form part of the ambitious City Centre South regeneration scheme, a £450 million mixed-use development designed to transform the city’s core into a vibrant, modern urban district.
The City Centre South project is set to deliver a comprehensive regeneration of central Coventry, incorporating residential, retail, and leisure spaces, alongside enhanced public infrastructure. L&G’s acquisition of the affordable homes underlines its continued commitment to addressing the UK’s housing shortfall through sustainable and socially responsible investment.
Hill Group, recognised for its expertise in high-quality, sustainable construction, will lead the development of the affordable housing units. These homes will be made available through a combination of social and affordable rental tenures, targeting key workers, young professionals, and families seeking secure and accessible accommodation within the city centre.
This initiative aligns with L&G’s broader strategy to invest in long-term, purpose-driven urban regeneration projects that combine financial return with meaningful social impact. By incorporating affordable housing into a flagship city centre development, the partnership ensures that inclusivity remains a cornerstone of Coventry’s urban renewal.
The scheme also positions Coventry as a national exemplar for collaborative, forward-thinking regeneration. With an emphasis on design quality, sustainability, and community benefit, the project is set to enhance both the city’s economic prospects and its livability for future generations.
Through this partnership, L&G and Hill Group demonstrate the potential of public-private collaboration in tackling housing challenges, while delivering lasting value to cities and their communities.
