Finance

Bellway signs housing deal as part of Integra 61 development


Newcastle-based housebuilder Bellway has signed a deal to develop homes at the Integra 61 development in County Durham.

The site close to junction 61 of the A1(M) – which is already home to a massive Amazon warehouse – has been marketed for around six months and comes with existing planning permission for housing.

Bellway will build around 100 three and four-bedroomed houses on the site, with the first units expected to be available towards the end of next year.

Following the completion of major infrastructure works in 2020, Integra 61 is now on its way to creating thousands of new jobs in the area, adding around £2bn to the regional economy over the next 10 years.

Read more: go here for more North East business news

As well as the existing buildings on the site, a further 1m sq ft of employment space will be delivered over the next few years to satisfy demand from companies looking to move to or expand in the region. There are also plans for a care home, a 70-bed hotel, a family pub/restaurant, nursery and roadside retail opportunities. Costa Coffee recently opened a drive-thru unit on site and further lettings are expected shortly.

The scheme is being delivered by real estate investment and development company Citrus Group.

David Cullingford, project director for Integra 61 and Citrus Durham, said: “We are delighted to be welcoming Bellway to Integra 61 and to contribute to its ongoing success. Providing new, high quality homes at Integra 61 has always been an extremely important part of our vision to create a thriving, sustainable community on a mixed-use development in a strategic, well-connected location”.

Helen Russell, land director for Bellway Durham, said: “Located just off the A1(M) near the popular village of Bowburn, Integra 61 is set to become a high quality mixed use scheme located on the outskirts of Durham City.

“Working alongside Citrus Durham, we are looking forward to building and delivering a prime new homes development. The development will benefit from the extensive local village amenities Bowburn has to offer and the excellent commuter links to the wider North East region.

“Further plans are set to be submitted to Durham County Council in the coming weeks.”

Most Related Links :
Business News Governmental News Finance News

Need Your Help Today. Your $1 can change life.

[charitable_donation_form campaign_id=57167]

Source link

Back to top button