Investment News | 19 October 2021

Plans approved for 1,000 homes on power station site

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Plans to build more than 1,000 homes on the site of a former Derbyshire power station as part of a wider regeneration scheme have been approved.

Countryside Properties has received planning permission from South Derbyshire District Council to build 1,042 residential properties on land at the former Drakelow Power Station.

The company previously secured outline permission for 2,239 dwellings as well as a retirement village, an employment park, two local centres, public open spaces and a new primary school.

The latest reserved matters application represents the second phase of development across the wider Drakelow site.

It is anticipated that 410 construction jobs would be created by this phase of the project, along with 487 in the supply chain.

Further phases relating to a primary school, local centre and care facility, along with remaining residential phases, will be submitted in the near future.

Out of the 1,000 new homes, 400 will be classed as affordable housing.

The district council also granted planning permission for a new Walton bridge and bypass.

The new Walton bridge will replace the single-track Bailey Bridge, built over the River Trent in the 1940s.

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