West Lindsey District Council has joined up with national housebuilder, Keepmoat Homes to bring forward the first phase of a new sustainable neighbourhood at Foxby Lane, Gainsborough.
Coun Owen Bierley, deputy leader of West Lindsey District Council, said: “This is a huge step forward in our plans to deliver homes in Gainsborough.
"I am pleased to confirm we have formally signed a grant funding agreement with Keepmoat Homes and a collaboration agreement with the Thonock and Somerby Estate.
“This scheme is the first investment Keepmoat have made into Greater Lincolnshire, which recognises our work to regenerate the town centre and our vision for a prosperous future for Gainsborough and West Lindsey.”
The development has been made possible thanks to the support from Homes England, which has allocated £2.19 million of Housing Infrastructure Fund (HIF) to accelerate delivery of housing across England.
Homes England has been a key partner and a great supporter of West Lindsey’s £18 million regeneration plan for Gainsborough.
Dan Crew, regional managing director at Keepmoat Homes, said: “We’re delighted to be working with West Lindsey District Council and Homes England to deliver this exciting new project in Gainsborough.
"The acquisition is a fantastic opportunity to strengthen our presence in the area and we believe the new development will transform the area and provide an opportunity to grow the town and its economy.
“As a company, we’re committed to providing new homes that support a range of buyers - from first time buyers to those looking to upsize and we’re confident that the first phase will help a lot of people achieve their dream of owning a new home.”
The development will also see improvements to increase capacity of the Lea Road/Foxby Lane junction as well as improved access into Warren Wood and there are also plans for the Woodland Trust to take over the management of Warren Wood, offering improved green spaces.
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