Kier receives Woking homes approval
Kier Group has received planning consent from local authorities in Woking for the construction of a new £80 million housing scheme in the area.
In total, the company has been given the go ahead for the development of 371 new properties, with two-thirds (224) to be made available as part of affordable social renting programmes.
Covering a 9.5-hectare site near Moor Lane, the new development will be administered by Thames Valley Housing, with the group having signed a 25-year contract for upkeep of the project once it is completed.
Construction work is expected to get underway in the coming months, with the project receiving support from architect PRP, engineering firm Tully De'ath and financier Grant Thornton.
Nigel Turner, managing director of Kier Property, said: "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 use by the local community."
Local councillor David Bittleston, Woking Borough Portfolio Holder for Housing, added that the scheme will not only deliver much-needed additional accommodation for local residents, it will also give a significant boost to employment during the construction phase and beyond.
He added that the local authority is extremely pleased with progress on the scheme, with Woking now one step closer to having a range of new homes being built and lived in.
Elsewhere, the Homes and Communities Agency last month approved funding for the creation of 84 new family homes in Darlington as part of efforts to regenerate the town's Cockerton district.
Furthermore, the money will also be put towards the refurbishment of up to 142 council properties in the area, helping to give local residents more options regarding affordable and rented homes in the coming years.
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