Posts tagged new homes
New homes and jobs are being created in Telford as part of a £11 million project by Sanctuary Group that will see the building of hundreds of new homes in the area.
The leading housing and care provider is developing 86 extra care apartments for over 55s as well as 12 apartments specially designed for people with learning difficulties, in Ketley.
A 500-strong workforce has begun work on the Ketley Park Road site as part of a £60 million partnership with national contractor Seddon to build more than 700 new homes in the Midlands.
Councillor Hilda Rhodes said: “This is an excellent scheme which very much reflects the council’s drive to support businesses and I was delighted to kick start the work on the site. I look forward to seeing the projects develop in the months to come.”
David Charmbury, area manager with HCA, said: “The HCA is pleased to be working with our strategic partners and making investment into this scheme.
“Not only will the development cater for local need, it will also provide much needed economic and employment benefits for the borough and complete another key component of the wider Telford Millennium Community.”
The new extra care scheme, set in landscaped gardens, will feature communal facilities including a restaurant, lounge, gym and hair salon.
Sanctuary’s development, Andrew White, said: “This is an ambitious project which will create much needed homes for older people in this part of Ketley. Sanctuary is dedicated to creating new jobs and apprentice posts at all our developments and this site is no different.”
What is your reaction to the multi-million Telford residential scheme that will create new jobs and boost the construction industry? Share your thoughts by commenting here or raise your voice on our Facebook and Twitter pages.
Woking Borough Council has given the go-ahead for the building of 371 new family homes as part of a £80 million housing scheme that will create new jobs and boost the trades.
It will see the building of 371 family homes, of which 224 will be affordable, with the remaining 147 homes for private sale.
Kier will construct the properties and Thames Valley Housing will manage and maintain the social housing over the 25-year contract. Construction work will commence during the summer.
Cllr David Bittleston, Woking Borough Portfolio Holder for Housing said: “We are delighted that the development has had the go-ahead.
“The Council is committed to supporting the Governments’ growth agenda and this development will provide much-needed affordable houses for local people and a major boost for employment in the local area.”
Nigel Turner, managing director of Kier Property, added: “We are thrilled to have achieved this important milestone and we look forward to working with Thames Valley Housing to progress the development.
“The mixed tenure scheme will play an important part in addressing the area’s housing shortage and also creates long-lasting community benefits through a designated fund for the use by the local community.”
Geeta Nanda, CEO of TVH, said: “We are delighted to have led this consortium to supply much-needed affordable homes in Woking. It is great that we have been granted planning permission so we are one step closer to getting new homes built and lived in.”
What is your reaction to the multi-million residential scheme in Woking that will deliver hundreds of new homes and boost the trades? Share your thoughts by commenting here or raise your voice on our Facebook and Twitter pages.
Peterborough City Council has approved plans for building 5,300 new homes as part of the Great Haddon development which is set to create thousands of jobs in the construction industry.
Peterborough Planning and Environmental Protection Committee has backed plans to build three primary schools, one secondary school and some 5,300 new homes alongside the 390 hectare site in the south west of Peterborough
The scheme is expected to create 24,600 new jobs in the next 8 years whilst delivering wider economic growth to the Peterborough area and boosting the trades.
The project has been included in the government’s London-Stansted-Cambridge-Peterborough growth area to help meet the UK’s housing shortage and generate economic growth.
The Committee has asked the Consortium to work up further details for certain aspects of the scheme, such as the design of the Yaxley ‘Loop Road’ and the timing of provision of community facilities, to ensure that those aspects of the scheme are fully scrutinised prior to implementation of the consent.
The applicants’ team will be working these details up over the coming weeks prior to a report being presented back to Committee.
Lucia Serluca, the chairman of the planning committee, said it was essential that good and efficient infrastructure is built before people started moving in to the new homes.
“Let’s not just build the houses and forget about everything else,” she said.
“We need to build the houses in conjunction with the educational centre, the retail centre, to make sure the amenities that those residents will have, they have as soon as they live on the development.”
The 1.5 million sq ft residential-led development is based on the former Diary Crest site and is expected to create thousands of jobs in the construction industry and boost the trades.
Current plans include demolition of all existing buildings on the site and providing up to 1,150 new homes, business space, local retail and associated services, leisure and a range of community facilities comprising a multi-purpose community building incorporating basement and service level car parking.
The scheme will also see the building of an Urban Square, a public Central Garden Square with communal and private space available on site.
Development Director at Helical Bar, Matthew Bonning-Snook, said: “We are extremely excited about our proposals for Brickfields.
“The Eric Parry design code for the masterplan uses a predominantly natural palette of brick and stone to create sustainable and attractive buildings which, alongside the public realm and amenities, will form a genuine new London community.”
The brick-built homes will be a mixture of affordable, shared and private ownership. The developer and partner Aviva Investors also plan to build 150,000 sq ft of offices, retail and community facilities.
The site is part of the Mayor of London’s and Hammersmith and Fulham’s White City Opportunity Area, set to deliver thousands of new homes and jobs for the capital.
What is your reaction to the new residential development at White City that will see the building of new homes and boost employment in the trades? Share your thoughts by commenting here or raising your voice on our Facebook and Twitter pages.
The infrastructure work is set to commence in the summer with the housing construction due to begin in autumn 2013, paving the way for new jobs in the building industry and boosting the trades.
The development will be made up of family houses, located with easy access to Ebbsfleet International Station , which offers high speed domestic services to destinations including Kings Cross St Pancras and Stratford, as well as Eurostar services to Europe.
Emma Cariaga, Development Director at Land Securities, said: “We are delighted to have exchanged contracts with Ward Homes which enables the first stage of our redevelopment in the area.
“This marks the start of an exciting regeneration of the area, which will bring new homes and businesses to the Ebbsfleet Valley region. This represents a significant step forward in relation to the Government’s desire to see economic growth and housing delivery in Kent Thameside”.
Mark Bailey, Managing Director at Ward Homes, said: “Ward Homes is proud to be associated with this unique landmark development and pleased that our local Kent brand was selected as the most appropriate to launch this prestigious site.
“We look forward to working closely with Land Securities and are committed to delivering a quality residential scheme that we are confident will be a highly desirable place to live”.
Cornwall Council has committed to working with five different housing associations to deliver 1,200 new affordable homes in Cornwell over the next 4 years.
The Council has re-iterated its commitment to meet local housing needs as well as to create hundreds of construction jobs in the building industry and boost the trades.
Joining residents and representatives of Devon & Cornwall Housing (DCH) Cabinet Member for Housing and Planning, Mark Kaczmarek, said: “The Council works closely with a number of housing associations to deliver affordable homes for local people.
“The Council supports the delivery of new affordable housing through the planning process, and planning permission for this scheme was granted in 2010. Cornwall Council also provides funding towards the cost of new affordable housing, including a contribution of £55,000 to this specific scheme.
“But this is not the only investment we are making. Given the desperate housing shortage and the Council’s commitment to meeting local housing needs, the Council has agreed ambitious plans to match pound for pound Government investment in new homes.
“I am pleased to announce that the Council is signing contracts with five housing associations to deliver an additional 1,000 affordable homes in Cornwall over 4 years with investment totalling over £20 million. Few councils have made such a commitment.
“DCH is one of the Council’s key partners and today I am endorsing a contract with DCH which will see them commit to deliver 500 affordable homes for Cornwall. This is a Council fund, in addition to their own schemes and programmes funded through Government. The Council welcome DCH’s commitment and the ambition they are showing in working with us to meet Cornwall’s needs.”
Andy Moore, Chief Executive of Penwith Housing Association, part of DCH said: “There is a huge need for affordable housing across Cornwall. The delivery agreement with Cornwall Council is extremely important in providing vital new homes like the homes at St Stephen and we are pleased to be one of the partners working with them.”
The £2.6 million scheme in St Stephen, which was completed in January 2012, provides 18 homes for rent and 4 for shared ownership.
There are 9 x 2 bedroom homes, 10 x 3 bedroom homes, and 3 x 4-bedroom properties. Support came from a £1,350,000 investment from the Homes and Communities Agency (HCA) and a grant of £55,000 from Cornwall Council.
The group visited residents’ homes to see how living in their affordable housing has had a positive effect on their lives ensuring they were able to stay within the community where their families were based.
Nick Clegg has today transferred greater powers to local authorities across England to drive economic growth, build thousands of new homes and boost employment in the trades.
The Deputy Prime Minister has backed the ‘City Deal’ which aim is to grant more freedom, powers and tools needed for local government to shape their economic future and create new jobs.
Deputy Prime Minister, Nick Clegg said: “Even more places will be free from Whitehall control and have the tools to power their own growth. These deals help cities and their wider areas make once in a generation changes that will be felt by everyone across their region.”
Councils in England need to ease planning regulations and have greater control over funds to accelerate housing and residential developments.
According to Coventry and Warwickshire local authorities, the scheme is estimated to create around 30,000 jobs across the region and boost the trades.
The Coventry and Warwickshire Local Enterprise Partnership (CWLEP) that led the City Deal bid said it was pleased by the Government’s decision to drive economic development tand create new jobs in the area.
Sir Peter Rigby, chair of the CWLEP said: “This is great news for Coventry and Warwickshire and allows us to put our very exciting plans into place to do just what the LEP was established to do – to create jobs and economic growth and prosperity.”
The 20 cities and their outline proposals:
Black Country: want to use a City Deal to grow their high-value manufacturing sector. They want to build on the Black Country’s track record in designing, building and exporting components and products such as aircraft control systems, turbo technology and an extensive range of automotive components.
Bournemouth and Poole: want to use a City Deal to encourage a transition to a more balanced local economy by boosting Advanced Manufacturing (particularly marine and aerospace) as well as digital and creative industries.
Brighton and Hove: want to use a City Deal to realise the economic potential of their eco-tech sector. This is a new, and growing, sector in Brighton & Hove. The universities have developed specialisms in this area. Brighton and partners want to build on this and encourage more innovation and business growth.
Greater Cambridge: want to use a City Deal to unleash the next wave of the “Cambridge Phenomenon”, which is a cluster of high-tech firms that focus on biotechnology, software and electronics around Cambridge, many of which have links with Cambridge University. Greater Cambridge wants to spread the “brand” of Cambridge over a broader area by creating better links between the science and business parks (e.g. Babraham Research Campus), the city centre (where Cambridge and Anglia Ruskin Universities are based), strategic transport routes and key residential sites (including the new town development of Northstowe), as well as the Enterprise Zone at Alconbury.
Coventry and Warwickshire: want to use a City Deal to capitalise on existing strengths in advanced manufacturing and engineering and to support the expansion of this sector. Coventry and Warwickshire want to grow these sectors by raising the skill levels of the workforce by increasing the number of people with intermediate and high level engineering skills and encouraging greater innovation in the sector.
Hull and the Humber: wants to use a City Deal to maximise the potential of the Humber Estuary. The estuary is already a home to a chemicals and processing sector worth £6bn and has the highest tonnage throughput of any UK port. Humber now wants to grow the “Energy Estuary” by maximising these opportunities and the benefits of offshore wind investment – and to ensure that local people have the necessary skills to take up these opportunities.
Ipswich: want to use a City Deal to equip local people and businesses with the skills they need to take advantage of significant expansion in high value jobs through development of Sizewell and Felixstowe.
Leicester and Leicestershire: want to use a City Deal to accelerate the growth of key sectors in the economy (notably manufacturing and logistics) and to encourage greater commercialisation of research emanating from the three universities in the area (Loughborough, Leicester and De Montfort).
Milton Keynes and the South East Midlands: want to use a City Deal to deliver significant, sustainable growth in housing. Over the longer term, this will allow the local area, and South East Midlands, to attract and find homes for high-skilled workers to drive economic growth. In the shorter term, providing confidence to private sector developers will create jobs in construction and industry supply chains.
Greater Norwich: wants to use a City Deal to accelerate the growth of the internationally-recognised environmental and life sciences industry within the Greater Norwich area by focusing on the potential of Norwich Research Park.
Oxford and Oxfordshire: want to use a City Deal to accelerate the growth of the knowledge economy by building on the strong base (including significant clusters in bio-sciences, space technology and cryogenics), two world-class universities (Oxford and Oxford Brookes) and internationally-recognised ‘Big Science’ research centres (eg Culham Research Centre and Harwell Laboratories).
Plymouth: wants to use a City Deal to build on its strengths in advanced engineering and design, marine renewable energy, maritime and sub-sea operations and supporting technologies. It seeks to do this by increasing the commercialisation of research in these areas and increasing exports from its high growth companies.
Preston: has seen significant private sector growth in the last 10 years, largely driven by growth in small and medium sized businesses. Preston want to build on this and sustain further growth, particularly in the aerospace and advanced manufacturing sector by investing in infrastructure.
Reading and Central Berkshire: want to use a City Deal to ensure that local people have the skills they need to access local job opportunities. Reading wants to focus on ensuring that people have skills in the growing sectors (particularly construction, logistics and knowledge intensive areas) and to ensure school leavers have the soft “employability” skills businesses need.
Southend and South Essex: want to use a City Deal to increase investor confidence to increase the supply of good quality office space and housing which will accelerate business expansion.
Stoke and Staffordshire: want to use a City Deal to build on strong heritage to become the internationally competitive home for Advanced Materials businesses in Europe. They want to grow the advanced materials (metals, ceramics, polymers, etc.) sector and to promote the use in advanced manufacturing.
Southampton and Portsmouth: wants to use a City Deal to drive the growth and diversification of the maritime sector in the area. They are seeking to do this by supporting growth in the associated sub-sectors of transport and logistics, defence and advanced manufacturing, the visitor economy and the complex supply chains linked to research and innovation.
Sunderland and the North East: want to use a City Deal to expand their manufacturing base and to diversify and grow the city’s economy.
Swindon and Wiltshire: want to use a City Deal to capitalise on the strong military presence in the area. They seek to do this by increasing the number of spin-offs firms from developments in military technology and to harness the skills from ex-servicemen/women.
Tees Valley: wants to use a City Deal to establish a global super cluster of petrochemical and processing industries to compete on the world stage. They want to build on Tees Valley’s current industrial complex, which includes over 50% of the country’s petrochemical and a significant percentage of the pharmaceutical sectors. Such a super cluster would have at its heart the production of cleaner energy, containing new developing, and associated, sectors such as biofuels from waste and other forms of renewable energy such as offshore wind.
Work is due to start for the building of 288 new homes in Croydon after Legal & General received planning permission to transform Nestlé’s former Croydon headquarters into flats.
The financial investment company was given planning permission for the St George’s House scheme in Croydon that will create new jobs and boost the trades.
Jason Perry, cabinet member for planning, regeneration and transport, said: “This exciting plan matches the council’s vision for transforming the town centre into a place to live as well as to work, shop and socialise.
“It’s a significant leap forward in the council’s strategy for regenerating the town centre, refreshing its 1960s streetscape and boosting the economic growth of the borough.”
Charlie Walker, director at Legal & General Property, said: “Last night’s decision marks an important step forward for Croydon and is a strong testament to the hard work we have put in over the past year to ensuring our proposals not only complement the existing qualities of the borough but contribute to its wider regeneration, enhancing its position as a desirable residential location.
“We believe that not only will this scheme deliver much needed high quality residential accommodation to the very centre of town, but should bring a new lease of life to the area by significantly improving the public realm, creating a more accessible and attractive civic space for residents and visitors to enjoy.”
Legal & Generals plans include community and retail space at ground level and a roof top garden area that will be environmentally sustainable.
There will also be 160 car parking and 313 secure cycle spaces and a café on the corner of Park Street and Park Lane.
The planning committee granted permission to the scheme less than seven months after being presented with the pre-application enquiry.
Communities Secretary Eric Pickles argues that the new planning measures will ensure empty and underused offices can be swiftly converted into much-needed homes for local people.
The proposals are expected to create jobs in the construction industry and provide significant boost for people in the trades.
Further reforms will also help boost rural communities and create jobs by allowing agricultural buildings to be converted for other business uses.
Buildings no longer suitable or needed for agricultural use could be transferred into new growth-boosting ventures that benefit rural areas, such as shops, restaurants, small hotels and leisure facilities.
Communities Secretary Eric Pickles said: “We want to promote the use of brownfield land to assist regeneration, and get empty and under-used buildings back into productive use.
“Using previously developed land and buildings will help us promote economic growth, provide more homes and still ensure that we safeguard environmentally protected land.
“We are absolutely determined to support people striving to bring life back to their communities and high streets.”
Planning Minister Nick Boles said: “These new changes ensure the very best use is made of our existing buildings to provide new homes and makes sure we get the most use we can out of our previously developed land.
“These changes are an important step in improving the planning system and making sure it is in the best possible shape to swiftly adapt to changes and opportunities that can provide a big boost to the economy.”
President of the Country Land and Business Association, Harry Cotterell, said: “We are very pleased with this announcement. It is something for which we have campaigned for years.
“It offers farmers and land managers the chance to find alternative sources of income by using their redundant agricultural buildings in new ways.
“This will underpin their farming businesses and boost the rural economy by helping to create new jobs and businesses at a time when they are greatly needed.”
The four one-bed semi-detached houses on Chalklands in Linton have been given the go-ahead by South Cambridgeshire District Council’s Planning Committee, and will replace an existing block of ten under-utilised garages owned by the Council.
Work is set to start onsite later this year and is due to be completed in 2014.
Up to 1,000 new council-owned and affordable properties are planned in the district over the next 30 years after a change in government housing funding policy.
Cllr Mark Howell, South Cambridgeshire District Council’s cabinet member for housing, said: “I’m delighted that approval has been granted to build these much-needed homes, marking a great start to our plans to build hundreds of new homes in the district.
“For the first time in years we have the option to invest heavily in new council houses, and we’re committed to listening to local people and parish councils to put them where they’re most needed.”
The latest phase of another Cambridgeshire’s drive to build almost 25, 000 new homes and create thousands of construction jobs has last week gone on display for public consultation.
A new town at Northstowe recently had its first phase approved. The scheme may eventually see thousands of new homes built, making it one of the biggest new towns in Britain since Milton Keynes.
Lend Lease, the integrated property and Infrastructure Company, will work with the Council to deliver a masterplan that will see the creation of one of the largest new housing developments in London.
By 2025, the scheme is expected to deliver 2,500 new homes, shops, restaurants and community facilities, paving the way for over 6,000 new jobs in the construction industry.
Mark Dickinson, Managing Director of Lend Lease’s Development business in EMEA, said: “The £1.5bn regeneration of Elephant & Castle is now underway.
“The approval of our masterplan vision sets in motion our long-term plans and our commitment to the area. We’ve set out our blueprint for the future but there is a lot of detailed work to undertake and we’ll continue working with the community at every step.
“At the heart of everything we do is the desire to create a sustainable place to live. A truly sustainable environment needs to bring economic benefits, support business growth and local job creation.”
The new neighbourhood will be a low carbon energy development and the masterplan is currently one of just 18 global projects to be accepted as part of the Clinton Climate Positive Development Programme, designed to showcase and support large-scale urban projects that are ‘climate positive’.
There will also be significant improvements and investment in public transport, along with new pedestrian and cycle paths that will create one of the best connected locations in London.
Chancellor Peter John, Leader of Southwark Council, said: “We now have the opportunity, working with local people and our partners Lend Lease, to continue the transformation of the area as a place where people want to live, work, shop and relax.
“The regeneration of Elephant & Castle will take time, but this announcement, and the starting of work on a brand new leisure centre, are all crucial steps towards a greener, safer and more attractive place in central London that people will be proud to call their home.
“It is so exciting to see this vital project gain momentum so that people will finally begin to see those much needed improvements being made on the ground.”
United House is set to build 327 homes in a £58 million mixed-use residential scheme in Islington, paving the way for new jobs in the trades.
The canal-side scheme will comprise a mixture of private sale, shared ownership and social rent homes.
The apartments will be built in four blocks from seven to ten storeys tall with rooftop play areas and terraces and including almost 6,000 sq ft of commercial space.
The double storey basement to be built beneath the scheme is between listed buildings and within a conservation area.
The scheme, partly funded by the Homes and Communities Agency, will see the building of 768 new homes by 2015. The developments will include family homes, bungalows for older people as well as properties for private sale and for social rent.
Businesses and jobseekers are set to benefit from the scheme which is expected to generate more than £70 million worth of construction work and create hundreds of new jobs with local employers.
The three developers have signed construction pledges to work with local suppliers and the council’s Think Local and ‘Find It In Sandwell’ initiatives which will boost employment and help people in the trades.
Councillor Simon Hackett, cabinet member for housing, said: “We’re pleased to announce partners who will help turn our vision for the future of housing in Sandwell into reality.
“We’ll be providing residents with an excellent range of affordable homes for local people to buy, part-own and rent and consult with local people about the new homes we plan to build.”
Assad Hamed, area manager for the Homes and Communities Agency, said: “We know through working closely with Sandwell Council that increasing the supply of affordable homes in the borough is a big priority and we are pleased our investment is supporting this.
“Getting all three schemes up and running will be a major boost for local communities in Sandwell as they will see lots of activity happening across the borough and will benefit from the impact of local jobs and economic growth.”
A property development company, Cala Homes, has been given the go-ahead to build 2,000 homes near Winchester which will create new jobs and boost the building industry.
Communities secretary Eric Pickles has approved the developer’s plan for building thousands of new homes at the 230-acre Barton Farm site to the north of Winchester.
The scheme is intended to provide 40% affordable housing. It would make a valuable contribution to local businesses and boost the local economy.
The decision by the Communities Secretary paves the way for Cala to begin developing the site. Plans include the building of around 800 affordable homes, with supporting infrastructure and community facilities to help meet Winchester’s housing needs.
Group land director for Cala, Robert Millar, said: “Local people will benefit greatly from this decision. It will be a major contributor to stimulating the local economy and creating long term jobs.
“It will make a significant contribution to the chronic shortage of affordable housing enabling key workers and other local people to live in their own City.”
Mr Millar said that Cala will be examining the detailed design for each of the phases of this development to ensure the housing scheme is delivered as soon as possible.
The Royal Borough of Kensington and Chelsea granted yesterday a planning consent for the development which will see the building of a new school, state-of the-art leisure centre and hundreds of new homes.
Developer Leadbitter has been selected to deliver the scheme which will create new jobs in the construction industry and boost the trades.
Building of the leisure centre will run in parallel with the academy which will allow for both buildings to open together in 2014. The existing Kensington Leisure Centre is expected to close this December.
Leader of the Royal Borough of Kensington and Chelsea, Merrick Cockell, said: “This is a landmark day for the North Kensington community and represents our ongoing commitment to investing in great facilities for our residents.
“Despite the challenging economic climate we are proud to be able to build a new academy and leisure centre which are going to make a vital contribution to local life for decades to come.”
A plan to boost housebuilding in Manchester and make new homes more affordable has been agreed this week which will generate new employment opportunities in the trades.
Manchester City Council has signed an agreement with the Greater Manchester Pension Fund (GMPF) and the Homes and Communities Agency (HCA) to bring together a completely new way of funding homebuilding in the city.
The scheme is set to build more than 240 new affordable homes and create thousands of jobs in the construction industry.
Land for the development will be provided by the city council, including one site offered by the HCA, while the Greater Manchester Pension Fund will finance the building of the homes.
The partnership will choose a contractor to build the homes whilst the city council supports the buyer, by taking an equity share in the property, making the new homes more affordable and mortgage costs lower.
Cllr Jim Battle, Deputy Leader of Manchester City Council, said: “Manchester’s growing population and forecasted economic growth will mean we will continue to need more homes in the near future.
“The economic climate has severely slowed home building in recent years and levels of development are not keeping up with the city’s demand.
“This new innovative model tackles these issues, pushing forward development opportunities while ensuring a supply of new attractive homes are available to residents at affordable prices.”
Deborah McLaughlin, North West Executive Director at the HCA, said: “At the HCA our focus is to employ new and innovative ways of working to use public land assets to more quickly deliver homes and economic growth. This new concept marks a major milestone for house building in Manchester and has the potential to attract major investment to the city.”
The Mayor of London Boris Johnson and Communities Secretary Erick Pickles have given final approval to a £320 million regeneration scheme in Harrow.
The project will turn the 40-acre strip of land, previously used by the camera company Kodak, and build 985 new homes, a primary school, medical centre as well as shops and offices.
Portfolio holder for regeneration at Hallow Council, Keith Ferry, said he was ‘delighted’ that the project, which was granted panning permission in June, had finally been approved by the Government, paving the way for building work to start in early 2014.
Mr Ferry said: “As a council we are determined to deliver on our promise to regenerate and build the most sustainable community in Harrow and to establish a thriving residential and commercial centre.”
Developer Land Securities estimates the project, which also includes a community centre, student accommodation, and a retirement home, will create up to 1,500 jobs in the construction industry.
Harrow Council said that this development is the biggest in the area and it forms part of the wider Heart of Harrow project, which seeks to create 3,000 new jobs and build 2,500 new homes.
What is your reaction to the multi-million development scheme which has been approved by the government? Share your thoughts by commenting here or raising your voice on our Facebook and Twitter pages.
The “Jobs for Growth” programme, which was officially launched today, is now the UK’s biggest coalition of companies making the case for investment in the building of new homes to quickly stimulate growth and generate jobs.
The organisation is targeting specific areas in the UK construction sector, reaffirming that there are significant benefits for investing in housebuilding and infrastructure projects.
For example, every £1 spent in construction generates £2.84 in economic activity, whilst 92% of the investment is retained in the UK, supporting manufacturing and the skills which the country needs.
Jobs for Growth founder Mike Leonard said: “The UK needs jobs and growth, and building our way out of recession is now the only solution left to Government.
“After a golden summer of sporting achievement, we need to capture some of that Olympic spirit, positivity and determination and go for gold in Jobs and Growth.”
Mr Leonard said: “Over the coming months we will work closely with all our local and national politicians, banks and other decision influencers to build the case for Jobs and Growth.
“We have the demand, the will, the land, the materials and the skills to make this happen. With the same level of focus, commitment and pride demonstrated by our athletes this summer, the building industry can lead Britain out of recession.”
“Post-Olympic Work to Create New Jobs in the Trades”
The London Legacy Development Corporation (LLDC) has appointed Britain’s second biggest homebuilder to build the first of the five new neighbourhoods on the Olympic Park.
Sitting between the Athletes’ Village and the Lee Valley VeloPark, the development of Chobham Manor will address the residential needs for larger homes, with more than 75% of the new homes offering family housing.
Eleven thousand new homes, schools, nurseries and shops are set to be built in the Olympic Park over the next 20 years after the London Games leave town.
Daniel Moylan, Chairman of the London Legacy Development Corporation, said:“Chobham Manor will set the tone for the high quality neighbourhoods we want to create across the Park with new schools, health centres and community spaces to support them.”
The Mayor of London, Boris Johnson, welcomed the announcement by emphasising the future benefits for local communities and the increasing accommodation needs in the city.
Mr Johnson said: “With the incredible energy of London 2012 captivating audiences across the world, the long-term legacy of the Olympic Park is quietly going from strength to strength.
“The development of Chobham Manor is major milestone and will help ensure a thriving community on the Park becomes a reality sooner rather than later.”
What are your reactions of the Olympic Games and the lasting legacy they will bring to London’s infrastructure? Do you welcome the Post-Olympic work which is set to deliver thousands of new homes for Londoners? Share the wider implications of the Games for you and your business by commenting here or raising your voice on our Facebook and Twitter page.
The scheme will deliver economic growth and increase infrastructure investment to the UK which will create jobs for trade professionals including electricians, plumbers and gas engineers.
Mr Osborne said: “Today’s announcement aims to make mortgages and loans cheaper and more easily available, providing welcome support to businesses that want to expand and families aspiring to own their home.”
It is expected that banks currently offering loans through the National Loan Guarantee Scheme (NLGS) will continue to offer their NLGS branded product.
The Chancellor said: “The NLGS has made a real difference, with over 16,000 cheaper loans worth over £2.5bn already offered to businesses across the UK. In many cases, the money saved has meant an extra person employed who otherwise still might be looking for work.
“The more generous FLS has officially opened for business and will in time effectively take over from the NLGS, delivering credit easing to the whole economy.”
Do your predictions correspond to Chancellor’s indications for economic growth and more jobs? What do you think about the FLS? Share your thoughts by commenting here or raising your voice on our Facebook and Twitter page.
The Government will enable businesses across Britain to access more and cheaper loans which will boost the economy and create new jobs, the BBC has reported.
Chancellor George Osborne announced the new £ 80 billion scheme, describing it as “a huge help for the British economy” which will give businesses the confidence to grow.
Under the Funding for Lending Scheme British banks will be able to lend money to businesses at a low interest rate, enabling the expansion of smaller businesses and the creation of new employment opportunities.
The Chancellor said: “Today’s announcement aims to make mortgages and loans cheaper and more easily available, providing welcome support to businesses that want to expand and families aspiring to own their home.”
Mr Osborne added the initiative would “inject new confidence into our financial system and support the flow of credit to where it is needed in the real economy – showing that we are not powerless to act in the face of the Eurozone debt storm”.
Welcoming the government’s announcement Director-General at the CBI, John Cridland, said: “This new scheme should provide a real incentive for banks and building societies to increase their lending to businesses and individuals, if possible at lower rates of interest.”
What is your reaction to the Funding for Lending scheme and how do you think you will be able to benefit from the £80 billion investment? Let us know what you think by commenting here or raising your voice on our Facebook and Twitter page.
Three of the leading UK housebuilders are set to build thousands of new homes as part of a major transformational project in Bishopton, South West Scotland, creating new jobs in the building construction sector.
More than 2,500 new homes will be built over the 15-year development programme, making this one of the most exciting property developments taking place in the UK at the moment.
Construction work on the first phase of the £32 million residential development is scheduled to start in September 2012. During its construction phase, the project is expected to create around 4,000 full and part-time employment opportunities for local residents and people in the trades.
Project Director for BAE Systems, Lynda Johnstone, said: “It is testament to the scale and quality of the transformation project that it has sparked the high level of interest from property developers of the calibre of Taylor Wimpey, CALA and Persimmon.
“The multi-million pound regeneration programme will see high quality homes in the area and deliver a new community, which alongside the housing development will include a new primary school, library, community centre, leisure facilities and woodland park to complement the existing friendly, close-knit village feel of Bishopton.”
The regeneration is expected to deliver significant employment and business opportunities with the first homes going on sale in early 2013.
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One of the largest providers of affordable housing in the South of England, Sovereign Housing Association, has announced it will build more than 3, 000 new homes over the next four years, paving the way for jobs in the building construction industry.
The ambitious plan will see 1, 064 new homes built by the end of this financial year, 865 of which have been already identified, the housing association confirmed last week. Under Sovereign’s new development strategy at least 276 of the new homes will be for affordable home ownership, forecasting a similar number of homes to be completed in 2013/14.
Development and Commercial Director at Sovereign, Phil Stephens, said: “The top priorities of our development strategy are to ensure that we deliver the HCA Affordable Homes Programme and to play our part in achieving Sovereign’s aim of reaching 50,000 homes by 2015,”
“Our recent successful bond issue has given us the financial strength and flexibility to continue delivering a substantial programme of new homes in our core operating areas in the coming years.”- added Mr Stephens.
It was revealed that Sovereign’s development will include a significant number of shared ownership homes as well as a growing number of market rent properties in key locations.
Mr Stephens commented that there is a definite gap in the market rent properties due to the rising demand from people unable to buy their own homes.
He said: “We will be looking to build on the positive experiences we have had so far letting homes at market rates in the West Country, and not only develop a broader portfolio of properties, but also diversify our revenue streams to enable us to continue providing affordable homes into the future.”
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A new report published today by MPs has identified enough public land, such as empty offices, unused storage and empty public service buildings, to build more than 100,000 homes.
The report which was prepared by the Commons Communities Select Committee has found that 230,000 households are forming each year, but in 2011 only 110,000 new homes were built, showing that demand had outstripped supply of newly built houses.
Housing Minister, Grant Shapps, welcomed the findings of the committee and agreed that the government needs to take decisive action to support the building of more new homes over the next coming years.
The Conservative Minister commented that the government is the biggest public sector owner of public land and as such, it is fair to make the best use of its assets to help the building of more homes across Britain.
Mr Shapps said: “We’re already on track to smash the Prime Minister’s ambition to release previously-used public land for housing: enough land has already been identified to support more than 102,000 homes. But we’re not stopping there – I’m determined to continue looking for more sites suitable for housebuilding.”
To help developers make the most of the sites on offer, Mr Shapps will also look to extend the use of the innovative “Build Now, Pay Later” deal to as many previously-used sites as possible, allowing them to start work on thousands of new homes without the initial expense of buying the land, the Deportment for Communities and Local Government said today.
The report also states that ministers are committed to make information about surplus public land freely available and help local people see the opportunities which exist in their area.
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Prime Minister, David Cameron, has today launched a new housing scheme for England which will boost demand for newly built homes and increase employment in the building construction sector.
Under the new loan guarantee programme, NewBuy, the government is investing £1 billion into an affordable mortgage guarantee scheme which will help up to 100,000 people across England to buy their own home by paying a lower deposit rate.
Andy Gray, head of mortgages for Barclays, said: “We believe this will boost housing market confidence and support the flow of new housing, providing positive consequences for jobs and the economy as a whole.”
Speaking at a construction site in South London today, Mr Cameron said that the government will do everything it can to help those who want to buy their own home. The Prime Minister believes the new scheme will boost the construction industry and unlock the housing market.
Mr Cameron said: “The problem today is that we have lenders who are not lending, so builders cannot build, so the buyers cannot buy and it needs the government to step in and help unblock the market.”
The NewBuy housing scheme will boost the supply of properties, increase employment opportunities for people in the construction industry and provide affordable mortgages to those with lower incomes. The scheme is also expected to boost the national economy by the construction of additional homes.
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Wandsworth Council has approved plans to build more than 1,800 new homes in Nine Elm, South London. This will pave the way for building construction work, creating new jobs and boosting the local economy.
The 13-acre site will be turned from what was previously a mail sorting office into residential apartments, a new state primary school and a 3.3 acre public park. The scheme is part of a huge regeneration programme aiming to build more affordable homes in London and improve community infrastructure.
The latest approval by Wandsworth Councils brings the total number of homes with planning consent in London to nearly 9,300. Some additional 4,500 homes will be given planning permission in the near future, bringing the total of new homes to nearly 14,000.
Programme Director at Nine Elms, Helen Fisher, welcomed the decision of Wandsworth Council saying that the regeneration programme will make a positive contribution to the local community and improve infrastructure whilst delivering growth and new jobs to the area.
Fisher said: “More than 1,000 homes are under construction in Nine Elms along with brand new offices, shops, a new riverside walk and acres of new park land. The scale of the transformation is truly remarkable and this latest planning approval adds further momentum to our regeneration programme.”
The former Royal Mail site, which lies at the heart of the Nine Elms regeneration zone, will be renovated by architects Allies & Morrison. The redevelopment scheme is an addition to the 250,000 square metres of new commercial and community space previously approved by Wandsworth Council.
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The scheme will build more than 1,500 homes across five buildings, ranging from 8 to 20 storeys. Some of these will be as part of the affordable housing scheme announced by the government in November last year.
Plans for redevelopment of the 22 acre site will include new green offices, restaurants and a huge extension to the current shopping centre will include community facilities and leisure space.
The Mayor of London, Boris Johnson, is expected to rubber-stamp the scheme before building construction work can begin in 2014. Further details of the scheme will be announced later this year.
Hammersmith & Fulham Council’s cabinet member for community engagement Harry Phibbs, explained that this is a vital investment for the area which will create new jobs and encourage future economic growth.
Mr Phibbs said: “This development is bringing positive change, improvements and jobs to an area that needs revitalising.”
Duncan Bower, Director of Development and Asset Management at Westfield, said: “We are naturally very pleased with the decision by Hammersmith and Fulham Council to approve the scheme. We now await the decision of both the Mayor and the Secretary of State.”
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