More than £3 million is set to be invested in services including education and public transport as part of an agreement to build more than 500 homes in Killingworth, North Tyneside.
The money is to be paid by homebuilder Bellway as part of its planning agreement for the new development at Killingworth Moor South.
The agreement was signed on Wednesday 17 January, following planning approval for the 539-home scheme by North Tyneside Council on Thursday 11 January.
The investment includes £932,000 for education, £1.1 million for bus services, £268,000 for road improvements, £214,000 for sports facilities, £173,000 for playing pitches and £194,000 for play areas and/or multi-use games areas. There will also be contributions towards ecology and biodiversity, and employment and training.
Miles Crossley, Land Director for Bellway’s North East division, said: “With the funding agreement and planning permission in place, we are looking forward to getting to starting work on the Killingworth Moor South project.
“We are committed to investing more than £3 million in the area, as ensuring that this new community is well supported with the right services and infrastructure is essential to the success of the new neighbourhood.
“Many homebuyers are looking for an energy-efficient and sustainable home and the properties at this development will appeal to them as they make sustainable living easier, through energy-efficiency measures, electric vehicle charging points and solar panels.”
The development at Killingworth Moor South will be accessed from both Great Lime Road and Moorfield Drive and is set to deliver a mix of two, three, four and five-bedroom homes alongside a large area of public green open space.
Bellway’s North East division and Bellway Strategic Land team worked on the planning application, which was submitted jointly with Banks Property.
Martyn Earle, Strategic Land Director for Bellway, said: “At Bellway we are highly focused on long-term development opportunities and schemes such as Killingworth Moor South do not happen overnight. Gaining planning permission and agreeing the details on investment for the area has been the culmination of several years of work.
“In partnership with the local authority, we have developed a sustainable scheme for Killingworth Moor South that meets the local need for new housing and will deliver support and investment for services that are vital to ensure this new community thrives.
“The funding will be spent on measures that make it easy to get around, to enjoy the outdoors, to take part in sports, for children to play and learn, and wildlife to thrive, and these will all be vital to making this a highly desirable place to live.”
Justin Hancock, Principal Development Planner at the Banks Group, added: “The Killingworth Moor South scheme was always designed to deliver substantial community facilities that would make a real, long-term difference to the area, and it’s exciting to see how Bellway will be translating this vision into new services, amenities and opportunities for local people.”
To find out more about Bellway developments in the region, visit https://www.bellway.co.uk/new-homes/north-east.