Banks Property is searching for housebuilders to develop its 121-acre Kingston Village site in Newcastle.
The site was allocated for housing in the 2015 Newcastle & Gateshead Core Strategy and Urban Core Plan, and has consent for 900 homes, of which 135 will be affordable.
Alongside the 900 new homes, the scheme will also feature community assets including a new primary school, a local shop and café, allotments, a village green and substantial amounts of public open space.
Gillian Reed, senior development manager at the Banks Group (pictured above, left), says: “Our vision is for Kingston Village to be an outstanding, vibrant community which will integrate successfully into the west of Newcastle, and we are excited to be taking this important step forward towards realising this vision.
“The new government has stressed the importance of increasing the UK’s supply of high-quality homes, both to ensure people have the housing options they need in the places they want to live and to support the wider UK economy’s future growth.
“Significant investment that will be made in this site will be part of achieving these important objectives and will also ensure the delivery a range of new community assets that will be central to the creation of an inclusive, safe, resilient and sustainable new community.”
Graeme Bruce (above, right), managing director at youngsRPS, which is supporting Banks Property as land agent, adds: “This is the biggest open-market tender exercise for a consented site around Newcastle that I can remember.
“We have already had substantive interest in the Kingston Village site from many of the UK’s best-known housebuilders, and we will work hard with the team at the Banks Group to ensure we identify the most suitable option for developing this landmark location.”
Photo © Banks Property
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