BUILDING on a new Daventry estate offering 1,000 homes will be under waywithin a year after a deal was struck.
The news comes following yesterday’s announcement from housebuilders Crest Nicholson that an agreement has been signed for the 120-acre Monskmoor Farm site on the edge of the town.
The land lies to the east of Welton Lane, across from Lang Farm, and stretches from the Country Park roundabout to the Grand Union Canal. It was given outline planning permission in March 2010 and put on the market by the Capel House Property Trust Limited (CHPTL) soon afterwards.
The planning permission includes 1,000 houses and flats, with supporting facilities including a school, shops and leisure facilities.
Scott Black, development director at Crest Nicholson, said: “We are delighted to announce our plans to create much-needed new family housing in Daventry.
“The housing market is suffering a real lack of supply and Monksmoor Farm represents a landmark new development for the area.
“We have established an excellent working relationship with CHPTL and are very much looking forward to delivering this new development, in partnership with CHPTL, over the next 10 years.”
Monksmoor Farm was one of the three big urban extension plans – along with Danetre Village and Churchfields – proposed for the town.
After a lengthy inquiry only Monksmoor was given permission with the planning inspector saying the existing roads and other infrastructure could just about sustain the extra 1,000 homes.
Detailed planning applications for the design of the buildings are still to be submitted, but the developers say preliminary works are due to start at the site late this year.
The 10-year development programme will create mainly low density family housing with Crest Nicholson planning for the first people to move in during summer 2013.
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