Posts tagged Melton Keynes

£200m housing development reaches out for new jobs

Crest Nicholson and the Homes and Communities Agency announced today the commencement of a £200 million housing scheme which will build 1,100 homes and pave the way for new trade jobs.

The mixed-use housing scheme at Oakgrove, Melton Keynes, is set to stimulate economic growth and meet high demand for new homes in the area as well as boost employment in the construction industry.

Oakgrove will form a new community with varied sized homes in a parkland setting clustered around a new neighbourhood centre, which will include retail and restaurant facilities.

The development is designed to Code for Sustainable Homes Level 4 and it will deliver achieve energy efficiency of a modern home. It will also include affordable housing for those unable to get onto the housing ladder.

Crest’s Executive Board Director, Chris Tinker, said: “Crest Nicholson is delighted to be commencing the delivery of this landmark and much anticipated development at such a critical time in the economic cycle.

“We would like to pay testimony to the officers and members of Milton Keynes Council who have worked hard with the Crest and HCA project team to bring this scheme forward.

“I have no doubt that through the jobs created and quality new homes it will both stimulate growth and meet pent-up housing need.”

Support for Self-Build Homes Will Help Builders

Housing Minister Grant Shapps has given the green light to a £30 million investment programme which will enable aspiring builders to build their own homes, offering exclusive access to funding and Government-owned land in seven locations across England.

The announcement is an attempt by the government to tackle country’s housing crisis and boost economic growth. The £30 million scheme will offer short-term loans and funding to builders, community groups and other small organisations looking to start self-build projects.

Commenting on the building investment programme, Housing Minister Shapps said: “I’m delighted to be able to announce the first seven sites with plots available exclusively for self-builders, as well as £30 million to offer short-term loans to help communities get their projects off the ground.

“This first-ever package of self-build support will help to achieve our goal to double the size of the industry over the next few years, but I want us to go further still. The new national planning rules require councils to consider the needs of self-builders in their area, and I would urge authorities across the country to look to Cherwell and the innovative work there as an exciting example of how this can be achieved.”

Public sector land for up to 60 homes will be made available in Cornwall – making it the nation’s first-ever large-scale self-build plot.

Mr Shapps praised the work of councils across the country that are looking to give as many local people as possible the opportunity to build their own homes – including on dedicated sites.

The Planning Minister also confirmed the rest of the sites which will be made available for builders to bid. They are:

  • Kingsweir and Torpoint, Bristol
  • Spencers Park, Hemel Hempstead
  • Pleasley Colliery, Bolsover
  • Upper Tuesley Milford, Surrey
  • Wilson Road, Hanford, Stoke-on-Trent
  • Chase Avenue, Walton Park, Milton Keynes

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