Friday, August 12, 2022

New Melton Mowbray waterside development gets underway

Nottingham Community Housing Association (NCHA) has commenced work on a new ten-acre affordable housing development at Lake Terrace in Melton Mowbray.

NCHA are working in partnership with Leicester-based developer GS Developments and My Pad Developments to deliver these new homes, with support from Melton Borough Council and Leicestershire County Council.

The waterside development of 90 new affordable homes will provide a selection of one, two and three bedroom houses. 48 homes will be available for affordable rent and 42 sold for shared ownership.

The £19m scheme has been funded by contributions from Homes England and NCHA. It is expected to be complete by summer 2024.

Designed by Pelham, the design will maximise the surrounding open space and waterside location, whilst protecting the local environment.

Chair of the Leicestershire Rural Partnership, Pam Posnett, said: “This is good news for Melton. The scheme will provide much-needed homes for individuals and families who are priced out of other local housing developments.”

Allan Fisher, director of development and assets at NCHA, said: “It has been a positive start getting the groundworks underway. We look forward to seeing the new development take shape and contributing 90 new affordable homes to the area.”

Proposals for phase two of the development have already been submitted in the hope that a further 77 affordable homes could be created in the future.

A message from the Editor:

Thank you for reading this story on our news site - please take a moment to read this important message:

As you know, our aim is to bring you, the reader, an editorially led news site and magazine but journalism costs money and we rely on advertising, print and digital revenues to help to support them.

With the Covid-19 pandemic having a major impact on our industry as a whole, the advertising revenues we normally receive, which helps us cover the cost of our journalists and this website, have been drastically affected.

As such we need your help. If you can support our news sites/magazines with either a small donation of even £1, or a subscription to our magazine, which costs just £33.60 per year, (inc p&P and mailed direct to your door) your generosity will help us weather the storm and continue in our quest to deliver quality journalism.

As a subscriber, you will have unlimited access to our web site and magazine. You'll also be offered VIP invitations to our events, preferential rates to all our awards and get access to exclusive newsletters and content.

Just click here to subscribe and in the meantime may I wish you the very best.







Latest news

Related news

By continuing to use the site, you agree to the use of cookies. more information

The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.

Close