HOMEBUILDER’S NEW DEVELOPMENT TO PROVIDE FURTHER £6.8M INVESTMENT IN NEWBURY
As part of the planning agreement for its new development in North Newbury, David Wilson Homes will be investing over £6.8m to add to its existing financial contributions to the town.
The funding, which totals £6,841,154, forms part of the S106 agreement for the Donnington Heights community located on Love Lane and will be used to support services and improve facilities for both new and existing residents in and around Newbury.
Among the investment is over £4.5 million towards the construction of a brand new primary school, in addition to a £921,245 contribution towards bus services and over £700,000 towards the improvements of the Robin Hood roundabout.
Donnington Heights will deliver a collection of 222 properties that are set to appeal to first time buyers and growing families alike.
The £6.8m investment from the development follows the funding of £9.2m as part of the homebuilder’s Newbury Racecourse development, plus a combined £795,621 for its Cherry Blossom Meadow and Willows Grange communities, totalling more than £16m pounds worth of funding in Newbury.
Campbell Gregg, Managing Director at David Wilson Homes Southern, said: “Investing in local communities is an extremely important part of building a new housing development. We pride ourselves on our commitment to the local community and strive to support it wherever we can.
“As our Donnington Heights development progresses, we are delighted to announce that we will not only be contributing to the area financially, but the construction process will underpin 444 jobs for the local area.”
Residents at the new homes development will benefit from improved pedestrian links into the heart of Newbury, whilst the location adjacent to the A339 provides a gateway to towns and cities further afield.
There is currently a selection of four and five bedroom homes at Donnington Heights with prices starting from £670,000.