300 homes plan
AROUND 300 new homes could be built on a derelict site in central Stockton, supporting 1,000 new jobs in a £160m development.
Barratt Homes North East has acquired land for a new housing development on Norton Road opposite the North Shore Academy.
The investment will see the housebuilder construct up to 300 new homes, supporting 1,000 jobs over the course of the work, with a combined direct and indirect investment of over £160m.
Barratt says the local economy will “further benefit from an additional £1.8m per year in household spend”.
The new development, named Jubilee Gardens, is set in a location of great historical importance.
It was the site of the original wagon works to the world’s first passenger railway line from Stockton to Darlington, later to be used in the Second World War for the manufacture of mosquito bombers. Neil Milburn, development director at Barratt Homes North East, said: “We are delighted to announce the acquisition of this land at a site with a truly unique history.
“The new development is set to make a large contribution to the local economy and will be a great addition to the area where the demand for housing is at an all-time high.
“We’re excited to see Jubilee Gardens taking shape over the coming months, and are looking forward to exploring further ways in which we can get involved with the local community.”
Before any houses are built, Barratt will need planning permission from Stockton Council. But once complete, the development will boast a range of homes in a variety of designs.
As part of the build, Barratt says it will also invest in “services to benefit the local community” as part of a planning agreement.