Redrow pledges £1.6 million community investment in Burbage
The award-winning homebuilder has a reserved matters consent to build 72 new homes on land to the south west of Lutterworth Road.
Along with new homes the development, known as Ambion Way, will bring investment in the wider neighbourhood for the benefit of existing and new residents.
Known as a Section 106 agreement, the package of community investment includes around £1.2 million for the provision of 14 reduced cost homes to meet local needs.
Redrow will also finance almost £200,000 worth of improvements to primary education facilities and will fund new and improved play and recreation amenities at a cost of more than £115,000.
Pauline Turnbull, sales director for Redrow Homes (Midlands), said: “Our Ambion Way development will be a real boost for the area, providing much needed new homes to meet local demand and helping to address the housing shortage.
“And, while building new homes is Redrow’s core business, we’re also committed to creating thriving communities where people love living, which is why we’re happy to invest in the surrounding Burbage area. As we’ll mainly be building three and four-bedroom family homes it’s particularly fitting that we will be helping to improve facilities at a local primary school. We’ll also create children’s play facilities on site and fund maintenance works at the Britannia Road recreation ground.
“These priority areas of funding reflect the findings of our research report ‘Creating Britain’s new communities’ which found that people value open space and local schools.”
Redrow will also fund £57,000 worth of improvements at Burbage GP surgery, pay more than £30,000 towards transport measures and make a contribution to Burbage Library.
Featuring designs from Redrow’s Heritage Collection, which has proved popular at Park view in nearby Hinckley, the homes at Ambion Way will combine traditional Arts & Crafts inspired architecture and high specification interiors.
The homes are being built in area with a strong sense of community, with many active clubs and societies including a carnival committee.
Local amenities include schools, restaurants, regular farmers’ market help make it a great place to live, while transport links via Hinckley station or the M69 will appeal to commuters.
Potential purchasers can register their interest in the homes at Ambion Way via the website www.redrow.co.uk/ambionway or by calling 01455501717.
Redrow was established in 1974. Today, it is one of the most successful and acclaimed property developers in the UK, building over 5,400 premium quality family homes a year in prime locations across England and Wales. Over Redrow’s history spanning more than 40 years, it has earned a unique reputation for quality and building beautiful homes, which people love to live in. To help achieve this it also focusses on two other key areas: valuing people and creating outstanding locations. Implementing its strategy whilst engaging with colleagues and stakeholders helps Redrow deliver significant value to investors and the wider community. Redrow is listed on the London Stock Exchange and is a constituent of the FTSE 250 index. For the year ended 30th June 2017, the Group reported record revenues of £1.65 billion. Redrow has been awarded the ‘Best Large Housebuilder’ title twice in the last three years at the What House? Awards. This year, Redrow was named as a UK Top 100 Apprenticeship Employer for the fourth consecutive year. Visit redrow.co.uk for more details.