Work has begun to deliver Banbury’s largest outstanding housing development which will see the creation of nearly 1,100 homes over the next ten years.
Developers Taylor Wimpey, Barratt Homes and Bovis Homes have started site assembly work on the Longford Park development on land south of Bankside and east of Oxford Road in Banbury.
The work involves the creation of drainage, water accessibility and infrastructure which needs to be in place for the developers to deliver the site’s approved 1,092 homes, primary school and associated amenities.
The development will cover an area of 75.1 hectares and will consist of two, three, four and five-bedroom homes, of which approximately 30 per cent will be classed as affordable.
Cllr Michael Gibbard, lead member for planning, said: “Permission for Longford Park, as the site is known, was first granted to JJ Gallagher Limited and Hallam Land Management in 2009.
“Since then, a lot of work has taken place behind the scenes including the sale of the land to the current developers Taylor Wimpey, Barratt Homes and Bovis Homes.”
He added: “What it will do is provide people with completed, rather than pending homes to live in.”
Mr Gibbard said the development counts towards the 16,750 houses the council’s Local Plan states must be built in the district by 2031 despite the Secretary of State’s recent refusal to count it in Cherwell’s targets when approving 375 homes at Hook Norton, Bloxham and Salt Way. Work on the first homes is expected to begin in spring next year.
The first 50 properties will be finished in 2014/ 2015 and the entire site should be completed by 2023/ 2024.
Councillors welcomed the near completion of the Local Plan at an Executive meeting on Monday which approved the final draft to go before full council before it can be approved by the government.
A draft budget strategy was also approved at the meeting showing how the council will cope with budget cuts over the next five years. It outlines a plan to save cash during 2013-14 to help prepare for expected cuts in government grants over the next 18 months.
The draft strategy also promises no change to the Council Tax Reduction scheme for the coming year for those who receive discounts on their payments.
View full Local Plan and Budget Strategy documents at www.cherwell.gov.uk