Avant Homes North East has exchanged contracts on the purchase of land in Seaburn as part of Sunderland City Council's Seafront Regeneration Strategy.
Avant was granted planning permission by Sunderland City Council for a new development earlier this year. Now work has moved one step closer, after contracts were exchanged paveing the way for construction to get underway later this year.
Located off Lowry Road and just a stone's throw away from the Seaburn seafront, the 8.19-acre development will feature 82 design-led homes, comprising a selection of Avant Homes' high-quality two, three and four-bedroom house-types. There will be 15 house designs to choose from with 10 per cent of homes affordable across the development.
Plans for the development, named Lowry Park, will sit close to two of the city's most hotly-anticipated leisure developments, STACK Seaburn and the Seaburn Inn. STACK is under construction, made up of shipping containers stacked together to create a vibrant entertainment and leisure destination that will open in August and a 40-bed inn with rooms from Inn Collection Group is set to open in 2021.
Avant Homes North East regional director, Jennifer Tupman, said: "We are very pleased to have exchanged contracts on this landmark development for Seaburn and are now beginning to put the necessary steps in place to prepare for initial groundworks to start later in the year.
"Lowry Park will deliver high quality new build homes in a desirable seaside location and make a significant contribution to Sunderland City Council's extensive regeneration plans for this coastal suburb. We are hugely excited to be part of this project and to bring our very latest range of homes to homebuyers in the city."
It is anticipated that the first homes will be on sale later this year with the first residents expected to take occupation in 2021. The overall build is expected to take three years and will create approximately 90 sales and construction jobs.
Councillor Graeme Miller, leader of Sunderland City Council, said: "Seaburn is fast-changing into a vibrant seaside community with fantastic leisure facilities, with plans afoot for yet more investment that will improve historic buildings in Seaburn and Roker.
"It's no surprise that more families are keen to make Sunderland in general, and Seaburn in particular, their home, and this new development will be another attractive addition to the city's housing offer."
In addition to providing modern, high-quality homes for the area, Avant Homes will also invest over £600,000 towards local education, a coastal ward contribution, the provision of open green spaces and a children's play area.
by Avant Homes - 16 Jul 20