Nottingham property developer to invest £25m in Bramcote housing development
A Nottingham property developer is set to invest £25million in a major new housing development, just four miles from its own headquarters in Chilwell.
Peter James Homes has submitted phase one plans to Broxtowe Borough Council for the site near the Hemlock Stone in Bramcote on Coventry Lane near Nottingham. The development is designed to provide 178 new houses in a variety of sizes, styles and pricing brackets.
Simon Gardiner, Managing Director of Peter James Homes, said: “The Bramcote development is a very rural greenfield site in a lovely setting. It’s part sheltered by mature trees and, with a buffer strip around the periphery, it’s quite isolated from other dwellings so it feels very private and self-contained.”
After eight years of preparatory work to achieve the award of residential allocation for the land, the 178-house development represents the largest project Peter James Homes has ever undertaken.
He said: “The Phase One plan has been created in close collaboration with the council in order to make sure it meets the growing need for new homes in the local region without disrupting the loveliness of the local landscapes.
“We’re looking to achieve that by using local people and local subcontractors, so in terms of its location, its planning, its construction and its benefits, it really is a Nottingham development for Nottingham people.”
The first of the new homes are expected to be available to buy between December 2021 and January 2022.
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