Multi-million pound Darlington regeneration project is hailed a success by developer
Keepmoat has hailed the success of a multi-million pound housing project after selling the equivalent of a new home every week since 2013.
Regeneration specialist Keepmoat is working with other agencies to deliver the Central Park home scheme in Darlington.
The project is a £170m redevelopment of a former council depot and clearance area and incorporates the £35m Darlington College, the £13m Teesside University Business School, as well as the recently completed £38m National Biologics Manufacturing Centre and £7m Business Innovation Centre.
More than 300 new homes are also being built and Richard Bass, managing director for Keepmoat in the North-East, believes the 94 sales taken already is proof of the demand for more houses in the area.
He said: “This is a really special scheme in that it was heavily adapted from initial proposals in 2007 before the economic downturn.
“We worked closely with all the partners involved to deliver a plan that was financially feasible in the new economy, but still aimed to address the housing shortage in Darlington.”
Darlington Council’s leader, Bill Dixon, added that the development “ticks all the boxes”.