£100m investment for nearly 750 new homes in Derry approved
On behalf of South Bank Square, Turley is delighted to have helped secure planning approval for nearly 750 new homes at Ballyoan, Derry that will deliver an investment of over £100m to the city.
We provided expert planning, strategic communications and economics advice for the project which approved by Derry City and Strabane District Council planning committee on 25 March.
The development is being brought forward by South Bank Square and will be the largest private housing development in the North West since the property crash.
According to the developer, this new neighbourhood development will create and sustain employment for 90 full time jobs each year, over the course of the 10 year period it is expected to take to complete the project. The Ballyoan site extends to over 90 acres and is located adjacent to Crescent Link and Clooney Road.
Speaking about the decision Brian Kelly, Director at Turley said:
“This is a hugely significant permission for the city of Derry and the north west regions. As the largest residential development since the crash this is a huge boost to the area’s economy and housing supply. We have worked closely with South Bank Square Limited from the inception of the proposals to shape the application plans, and we are proud that not a single objection was submitted by the public or statutory consultees, and that the planning committee unanimously approved the application.”
The owner of South Bank Square, Seamus Gillan commented:
“We are very pleased with the committee’s decision to approve our application. We would like to thank everyone at the council who worked on and supported this proposal, as well as the elected representatives for the area, and members of the planning committee who have decided to approve our plans for the development. Projects of this scale do not happen in the City every day.”
“This development will bring an enormous investment to the area, which will produce a significant economic benefit for the whole community. In addition to the headline figure of our £100m investment, we expect that up to 1,000 construction jobs will be created during the construction period over the next 10 years.”
“Throughout the planning process we have sought to engage meaningfully with the council as well as the local community. As a result, this approval will not only deliver new homes and a great place to live, but will help deliver considerable improvements to the road infrastructure in the area, including at the Caw Roundabout. Overall, we are delighted that the application process has ultimately resulted in a positive outcome for everyone involved.”
This development is South Bank Square’s first major investment in the city. It is understood that a detailed planning application will follow this outline permission in order to enable the commencement of development on site in the first quarter of 2020. Mr Gillan continued:
“By delivering over 750 new homes to the area we will be making a vital contribution to increasing the amount of available housing in the area. The scheme which we are developing will provide a mix of new homes including detached, semi-detached, townhouses, and apartments. In addition to these new homes, our masterplan includes some commercial space, significant play and recreation areas, a linear park and public amenity space. These amenities will help to ensure that this development not only delivers a substantial quantity of homes but also establishes a great place to live.”
26 March 2019