4,000 jobs a step closer in Mansfield after £8.5m HCA deal
A multimillion pound mixed-use development in Mansfield has taken a “significant” step forwards following the signing of a funding agreement with the Homes and Communities Agency (HCA).
Berry Hill Mansfield has been awarded £8.5m in funding from the HCA for the scheme which will provide homes for west Nottinghamshire and create jobs and business opportunities through a new innovation park, varied employment land opportunities as well as a retail and leisure offering.
Richard Bowden, project representative for The Lindhurst Group, developers of Berry Hill Mansfield, said: “This is an incredibly important scheme for Mansfield and we are all delighted that the HCA is able to support us in delivering it.
“Berry Hill will provide a significant boost to the local economy, creating up to 4,000 new jobs, as well as delivering vital new homes for the area. We want to create a community where people want to live and work, and create something that the wider west Nottinghamshire community is proud of.”
Nick Walkley, chief executive at The Homes and Communities Agency, said: “The £8.5m loan we have agreed will ensure that 1,700 much needed homes in Mansfield are built, by providing the infrastructure to make sure that building can go ahead. As well as providing homes for local people, this mixed use development will also create significant employment.”
The Lindhurst Group is to develop some 480 acres of land on the boundary of Nottingham and Mansfield, to deliver an urban extension to Southern Mansfield.
The scheme will comprise serviced land for hi-tech research and development facilities, offices and industrial accommodation as well as leisure and retail, up to 1,700 new homes, a brand new primary school, children’s nursery, health centre and care facilities.
Infrastructure works associated with the first phase of development have now begun with housebuilders expected to start on site later this year. This initial phase will include delivery of approximately 500 new homes.
