Scottish housebuilder Springfield Properties has acquired a 17.4m sq ft area of zoned land in West Lothian, Scotland.
The Scottish housebuilder plans to build 1,900 homes as well as commercial units and a primary school on the the site, which has a gross development value of £400m.
It is located on the south-west border of Livingston, the largest town in West Lothian, which has transport links to both Edinburgh and Glasgow.
The deal comes following a push by West Lothian council to build more housing. The council is committed to building 3,000 new homes by 2022.
Springfield is now working on a masterplan for the site, which it intends to develop as a new neighbourhood within Livingston. It expects to submit a detailed planning application for phase 1 of approximately 600 private and affordable homes by early 2019.
The company will pay for the land in instalments, subject to planning being received.
Sandy Adam, executive chairman of Springfield, said: “We would expect to be able to begin selling homes around three years from now. We look forward to working with West Lothian Council to bring to life the vision they have for this area to provide much-needed new homes and create a new desirable locality within the established town of Livingston.”
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