Fortitudo Property is one of many firms adopting to the approach. A series of developments in Poole, spearheaded by Development Specialist Richard Carr, will provide the council with its largest ever Community Infrastructure Levy and Social Housing contribution to date.
Construction has started on four developments on Lilliput Road, which will contain 36 luxury apartments with underground parking. The developments will contribute £300,000 towards social housing in the area and £1m in CIL payments, which will contribute towards improving the local community.
Richard Carr of Fortitudo Property has commented on the partnership: I am pleased we have managed to achieve this for Poole and still have a viable business model moving forward.
Our latest development will help ease the burden of social housing on the local council, whilst the CIL contribution will help build new facilities for residents.
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