Affordable housing and regeneration specialist Lovell and Maple Grove Developments have been chosen by Craven District Council as preferred partner for a £35 million scheme to develop new homes and shops in Skipton, North Yorkshire.
The council’s original preferred bidder, Accent Group, formally withdrew from the development in October 2008. Lovell / Maple Grove Developments will now work with the authority on the detailed design for the proposals which are set to create new jobs, shops and homes, including affordable housing.
In a climate when projects elsewhere are being cancelled or put on hold, it is a great boost to Skipton and Craven that this project is going ahead
Cllr Chris Knowles-Fitton, Leader of Craven DC
The scheme involves the construction of 220 new homes – 88 for affordable rent and low-cost home ownership and 132 homes for open market sale – as well as new retail outlets. Lovell is responsible for the housing element of the scheme, valued at £28 million, while Maple Grove will be delivering the retail development.
The project is currently in its design phase, with construction expected to start in Spring 2010 and to be complete by 2015.
Councillor Chris Knowles-Fitton, Leader of Craven DC, says: “This speaks volumes as a positive step for Skipton during this time of recession. Over the past year the future of Skipton Developments has looked doubtful but with our new preferred bidder, Lovell/Maple Grove, who are high quality developers and well respected within the sector, I have high hopes that we can take the scheme forward.
“In a climate when projects elsewhere are being cancelled or put on hold, it is a great boost to Skipton and Craven that this project is going ahead. It is developments like this one which start during difficult times that boost the economy and inspire the confidence needed to bring a recession to an end.”