New housing scheme to deliver £300k for community projects
scheduled to be made early in 2021, when the first residents move onto the development – also called Ayton Park – and the final payment will be made when the last residents arrive in 2022.
The scheme will see the creation of 56 two, three and four bedroomed homes with half available for shared ownership sale through Riverside Group.
Cllr Graeme Miller, leader of Sunderland City Council, said: “We’re determined to ensure that development projects that move forward in the city really deliver for communities and this is a fantastic example of the council driving community wealth and prosperity through our deals with private developers.
“As well as delivering more high-quality housing for the city, this agreement with Vistry Partnerships is already bringing about a range of additional community benefits.
"We will always ensure that, as a council, our endeavours deliver maximum value for the people we serve.
“We’re delivering a huge programme of regeneration across Sunderland and maximising the advantages to the area during development is vital if we’re to ensure this city realises its vast potential.”
Sean Egan, Managing Director with Vistry Partnerships North East, added: “Through this partnership with Sunderland City Council we are confident that by regenerating and breathing new life into this former school site we can help deliver positive changes for local communities.
"Our goal is not only to build high quality new properties, which improve the choice of homes across the region but to invest and enhance community facilities and access to educational support and training.”