'Perry Barr businesses deserve better'
Hundreds of homes built for the Commonwealth Games in Birmingham are to be sold off in a deal forecast to cost taxpayers more than 拢300m.
The athlete鈥檚 village, in Perry Barr, was built by the city council to host athletes during the Games in 2022.
But the development was delayed due to coronavirus and athletes were housed in student accommodation instead with the 968 completed apartments sitting empty since they were completed in April 2023.
A council report, external showed 拢325m was spent by the local authority on the scheme so far with an extra 拢171m from local and central government grants.
The council agreed on Thursday to sell 755 of the homes at the site to a private bidder.
A report to the council鈥檚 property committee showed the amount received will be less than the council has spent on the project and debts of between 拢142m and 拢152m were expected to remain unpaid.
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