Avant Homes Central has acquired an 11-acre site in Eastwood to deliver 107 new-build homes with a gross development value (GDV) of around £27m.
Called Lawrence Point, the development is located eight miles from Nottingham city centre on Lynncroft.
Subject to planning approval, the development will comprise a mix of two, three, four and five-bedroom homes.
Of the 107 homes proposed, 10 per cent have been designated to affordable housing. Avant Homes has also committed to community contributions of around £680,000 for the provision of local education, healthcare, improvements of bus stops and library facilities, a travel plan, and public open space.
Avant Homes Central Managing Director, Chris Coley, said: “We’re consistently searching for development opportunities across the region. Following great success with our developments in Wollaton, Mansfield and Ruddington, Lawrence Point is a fantastic opportunity to further expand our presence in Nottinghamshire.
“We now await the planning decision from Broxtowe Borough Council, and, subject to approval, we look forward to commencing initial groundworks in due course.”
