Property developer to invest £25m in housing scheme

A Nottingham property developer is set to invest £25m in a new housing development close to its headquarters in Chilwell.

Peter James Homes has submitted phase one plans to Broxtowe Borough Council for 178 homes on the site near the Hemlock Stone in Bramcote on Coventry Lane near Nottingham.

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 development represents the largest project Peter James Homes has ever undertaken.

Gardiner 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.”