2,850 homes approved for Essex
Thurrock Council in Essex has approved plans to build 2,850 homes in a £1 billion project that will see 2,000 new jobs created for local people and a real boost for homes in the county. It should also see that 35% of the homes to be released as ‘affordable‘.
This new home regeneration scheme, depending the prices and finances available and whether they are all snapped up with investors, will be a needed positive news for the region of Essex and to further help with increasing housing needs and also to reduce the average home cost in the county which have been driven up for many reasons including availability.
The Purfleet-on-Thames regeneration scheme outline planning permission was granted to Purfleet Centre Regeneration Ltd (PCRL) which is a joint venture between Swan and Urban Catalyst.
John Synnuck, CEO of Swan, was quoted as saying: “Last night’s approval of our plans for the regeneration of Purfleet reflects both our long-term relationship with Thurrock Council, which is at the heart of PCRL’s delivery strategy, and our engagement with the local community.
We will now all work together to create a thriving environment that provides much-needed new homes and services, alongside significant employment and educational opportunities for the local community.”
Full story available to read on Inside Housing website.
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