The new development will include a range of two, three and four-bedroom homes, supporting 400 jobs in the area.
The construction input into the development is expected to be in excess of £18m, with 90% of this sum being spent in the region. Furthermore, North Gosforth Park will directly and indirectly underpin 400 jobs, including 10 apprenticeship opportunities during the build.
Neil Milburn, Development Director at Barratt Homes North East, commented:
“North Gosforth is a highly sought-after location and this investment into the area will certainly have a positive impact on the local economy. We’re committed to investing in the regions in which we choose to build to ensure that we provide long term, sustainable housing for future generations. We also know how important it is to support the future of the building industry, with the skills shortage in construction still very much a prevalent issue. By offering opportunities for apprenticeships on developments like North Gosforth Park, we aim to continue our work towards plugging the skills gap in our industry.”
Once complete, North Gosforth Park will comprise of a mixture of two, three and four-bedroom family homes. Just seven miles from Newcastle City Centre and with schools, shopping and country walks on its doorstep, the development will be well suited to first-time buyers and young families.
To find out more about North Gosforth Park visit www.barratthomes.co.uk/northgosforthpark