Developer will hand over £1m
PUBLISHED: 08:00 25 March 2016
A housing developer which is set to build 350 homes in Yatton is to pay almost £1million towards schools, sports pitches, leisure services and the village library.
Bloor Homes is already building 150 homes off Arnolds Way and was granted permission by North Somerset Council’s planning committee earlier this month to add a further 200 homes to the development. This second phase will also include a primary school.
Developers of large-scale housing schemes, such as Bloor, are required to pay money to communities in which they are building as a means of offsetting the impact on the local area.
This money, known as a section 106 contribution, is then used to fund projects such as new schools, road improvements and expanded transport, medical and community facilities.
Bloor has agreed to provide £929,293 to the council and of this sum, around £560,000 will be split between preschool, primary school and secondary school facilities.
Its development, Chestnut Park, is one of several large housing schemes earmarked for Yatton and was met with fierce opposition from villagers and Yatton Parish Council.
However, Bloor’s regional sales director for the South West, Rowena Adams, said she felt the payments would provide a ‘huge lift’ to the village and added there had already been a ‘high level of interest’ in the new community.
She said: “It is an exciting time for us all now work has begun at Chestnut Park, as we will quickly see the progression from a building site to a stunning collection of new homes to satisfy the demands of the market in this area of the country.
“We believe the financial contributions being made as part of the new development will give a huge lift to the local area, and will provide both new and existing residents in the community with fantastic services and facilities.
“There has already been a high level of interest in Chestnut Park and we expect the homes to sell quickly once they are released.”
Bloor’s other contributions will include £224,900 to transport services, almost £75,000 for improved library facilites, £40,000 for sports pitches and another £30,000 on leisure and community services.
The developer also told the council’s planning committee on March 9 that its proposal would include an affordable homes scheme for elderly people.