TV presenter's sustainable development shelved
Celebrity architect Kevin McCloud’s sustainable development business has shelved plans for a 240 home Scheme near Swindon.
In a statement yesterday Hab Oakus said it had decided to ‘halt plans to develop in Gorse Hill’ following discussions with the council.
Hab Oakus is a joint venture between Mr McCloud’s company Hab and housing group GreenSquare, and the development had been expected to include around 40 per cent affordable housing.
The area that had been earmarked for development is owned by the council. The local authority had agreed to hand over the land in return for contributions to infrastructure and affordable housing if Hab Oakus could produce a viable proposal.
In the statement Hab Oakus’ project director Simon McWhirter said this had not been possible.
‘There are a number of factors, particularly legal and financial, contributing to this decision – not least that it is unlikely a scheme could be delivered in time to secure the necessary grant funding currently available from the Homes and Communities Agency,’ he said.
‘We are very disappointed that our proposals won’t come to fruition as we still believe they offer major benefits to the community through the provision of very high quality housing, an improved park, and significant job and training opportunities for local people.’