—>
Main Menu

GDV of over £400m

1900 new homes planned for Livingston

Sandy Adam- Springfield

Springfield chief executive Sandy Adam hopes to have the new properties for sale in three years’ time


 

Scottish housebuilder Springfield Properties, which offers private and affordable housing, has secured approximately 400 acres of zoned land in Livingston to develop a 1900-home site and a new primary school.

The new site has a GDV of over £400 million.

Springfield expects to submit a detailed planning application for phase 1 of approximately 600 private and affordable homes by early 2019, with the first properties expected to be on the market in 2021.

The company intends to develop the site, which will also include commercial units, as a new neighbourhood within Livingston and will pay for the land in instalments, subject to planning being received.

Sandy Adam, executive chairman of Springfield, said: “I am delighted that we have secured this significant land deal. It is an excellent site in a location with high demand for new homes thanks to its easy access to both Edinburgh and Glasgow.

“We would expect to be able to begin selling homes around three years from now. We look forward to working with West Lothian Council to bring to life the vision they have for this area to provide much-needed new homes and create a new desirable locality within the established town of Livingston.”

The area has undergone rapid development with one of the fastest growing populations in Scotland.

As a result, there is significant demand for residential property with West Lothian council committed to building 3,000 new homes by 2022 while between October 2017 and February 2018, Livingston residential property was the quickest selling in the UK.



Leave a Reply

Your email address will not be published. Required fields are marked as *

*

This site uses Akismet to reduce spam. Learn how your comment data is processed.