Product category:
Housing, Regeneration and Developments
News Release from: Meden Valley Making Places | Subject: Regeneration scheme in Warsop
Edited by the Buildingtalk Editorial
Team on 12 July 2007
Major regeneration scheme in Warsop
Work to commence on major scheme which will see 263 brand new homes built on former site of run-down terraced properties on the Royal Estate in Church Warsop.
The Royal Estate is one of eight areas being redeveloped through the Meden Valley Making Places project, a joint initiative between English Partnerships, East Midlands Development Agency, Bolsover and Mansfield District Councils, LHA-ASRA Group and South Yorkshire Housing Association Developer Bellway has paid GBP5.9 million for the land on which nearly 300 existing run-down properties are being cleared
This article was originally published on Buildingtalk on 18 Oct 2006 at 8.00am (UK)
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These will be replaced by 228 apartments, detached, semi-detached and town houses, of between one and four bedrooms, for sale, and 35 two and three bedroom homes to be offered for rent through a housing association (LHA) as well as low-cost home ownership properties to enable existing local residents to purchase a home on the new development.
The project is scheduled for completion by 2015, although the first new homes will be ready by December 2007.
The sales site is to be called Kings Wood Park, a name chosen through a competition organised for local residents by MVMP.
Gary Kirk, Chief Executive of Meden Valley Making Places, commented: "This is one of the largest developments in which MVMP is involved and will transform a previously run-down and neglected area into a vibrant and attractive place to live".
"We believe the new development will prove equally attractive to existing residents and people from outside the immediate area, helping to create a thriving, diverse and sustainable new community with an excellent choice and mix of housing".
Ben Smith, Sales Director for Bellway East Midlands said: "As a leading provider of quality and affordable new homes, Bellway is committed to regenerating the areas in which it builds".
"Over 80% of our homes are constructed on brown-field land and strengthening and enhancing existing residential communities is key to our ongoing success.".
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