NEW research has revealed that plans lodged by Barratt Homes West Scotland and CALA Homes (West) to build a housing development in Stepps would support more than 140 new jobs and generate an additional £34 million of gross value added (GVA), if approved.
The figures were released as part of a Matters Specified in Conditions planning application submitted by the housebuilders, who aim to construct 199 new homes, including 30 affordable homes, at Gateside Farm.
The site was granted Planning Permission in Principle for a residential development of up to 200 homes in July 2018 and is allocated for housing development in the North Lanarkshire Modified Proposed Local Development Plan.
Economic impact analysis commissioned by Barratt and CALA estimates the project would cost £31 million to build and generate an additional £34 million of GVA over the four-year construction phase.
As well as securing 63 direct construction jobs annually – including four apprenticeships – the development has been tipped to support a further 84 jobs in the supply chain and wider local economy.
The independent research was carried out on behalf of Barratt and CALA by Stantec.
David Scott, MD of Barratt Homes West Scotland, said, “As a North Lanarkshire-based business, I’m extremely proud of the proposals we’ve submitted for Stepps. If approved, Barratt will build 30 new affordable homes on the site in partnership with North Lanarkshire Council, providing families in need with high quality sustainable, energy efficient housing, and a more, settled, secure future.”
Jim McIntyre, MD of Cala Homes (West), added, “At a time when the pandemic has inflicted untold damage on the economy, the proposals we’ve submitted with Barratt Homes offer a remarkable opportunity to secure new jobs locally and stimulate growth. Together, we have a strong track record of supporting the North Lanarkshire area with high quality developments and our proposals will ensure there is a wider variety of housing available to support the local community as needs change.”