A MAJOR new housing development on the edge of Peterlee could produce a £100m boost to the East Durham economy and create more than 130 new jobs.
The proposals, for up to 1,000 homes, are earmarked for a 55 hectare site to the north-east of the town, close to the A19.
The site has been identified by Durham County Council as an area to meet Peterlee’s housing requirements.
If approved the development would also include the creation of a public park, community woodland and wildlife area on existing farmland, close to Little Thorpe.
The plans are for a development of predominantly three, four and five bedroom homes, with affordable housing comprising 15 per cent of the total scheme.
Stockton based Southlands Management is behind the scheme and is asking local people to view its proposals at a public consultation event in Peterlee next week.
Councillor Gordon Tennant, the county council member for Peterlee East, said: “These proposals have my full support.
“Peterlee is in desperate need of some new housing and development. This could be great news for the town.”
The Newcastle office of national planning consultants Nathaniel Lichfield & Partners (NLP) is handling the planning application on behalf of Southlands.
NLP associate director Neil Westwick said: “The scheme is at the initial stages of preparation but is likely to include the creation of a new residential community, comprising of up to 1,000 new dwellings.
“This will be a major shot in the arm for the local economy producing a total new investment into the area of over £100m.”
The economic benefits are said to include:
• Eighty-five permanent jobs created throughout the lifetime of the build (of between 10 and 15 years);
• Total construction value of approximately £89m;
• Around £11m of New Homes Bonus - the Government pays a set amount for each new home to the local authority in which it is built;
• Around £2m of additional council tax payments;
• Additional spend in the local area of around £6m, creating around 49 jobs in retail and leisure.
Mr Westwick said the new public open space is earmarked to include community woodland and nature trails.
The plans include two new access roads, one from Essington Way and one from Thorpe Road roundabout.
A community consultation event is being held at Acre Rigg Social Club, in Lowhills Road, Peterlee, on Monday, January 28, and Tuesday, January 29, from 4pm-7.30pm on both days.
Alternatively to register your views call Mr Westwick or Alexandra Crowe, of NLP, on (0191) 2615685.
A full planning application is expected to be submitted to Durham County Council later this year.
Buy Thursday’s Hartlepool Mail for further reaction and see next week’s Peterlee Star for a report from the consultation event.