Published: Thursday, 4th August 2016
The second phase of the Â£1.3bn Lincolnshire Lakes regeneration scheme has been approved by North Lincolnshire Councilâs planning committeeâ¦
North Lincolnshire Council’s planning committee has given the go-ahead to developer Maltgrade Ltd for the second phase of the ambitious Lincolnshire Lakes development. This is currently the North of England’s largest housing regeneration scheme. In total the project will see more than 7,300 homes and 5,000 jobs provided.
Under the second phase some 2,500 new homes are planned alongside proposals for a village centre, the creation of a lake and a series of improvements to local highways and transport infrastructure. Developer KMG Lucent had already secured consent for 3,000 new homes.
The whole project will see the creation of five new villages on the outskirts of Scunthorpe, with new schools, a new football stadium, leisure and recreation facilities, pubs and restaurants and a number of village centres. The site extends to over 200-hectares.
The council has also secured £13m for a new flood defence scheme to improve defences along the River Trent to protect residents.
The project includes a £13.3m road improvement scheme involving the detuning of the nearby M181 and creation of a new terminating junction – the Southern Roundabout.
Highways England’s Growth and Housing Fund is providing £8.6m for the project, with North Lincolnshire Council topping up the remaining using developer contributions.
Councillor Rob Waltham, deputy leader of the council, said: “This will pave the way for the region’s largest housing regeneration scheme for years to come. It’s a significant milestone; now the necessary approvals have been granted, we can get on with delivering this huge scheme that will totally transform the area.”