HOUSING developer David Wilson Homes Southern has announced it will invest more than £10 million in the Basingstoke area via developer contributions.
The investment relates to two developments the firm has in the town, which together are expected to underpin around 2,500 jobs.
The developer contributions money will be invested via Basingstoke and Dean Borough Council and associated planning agreements, with the final payment to be made before construction is completed.
Overall £5m will be spent on improving local education, more than £3m on improving the town’s transportation system and nearly £2m will be put towards open spaces and community facilities. An additional £60,000 will be invested into public art.
David Wilson Homes Southern has two developments in Basingstoke, Spiers Meadow on Carter Drive and Gilles Meadow on Park Prewett Road, which combined will bring 625 new homes to the area.
Gillies Meadow will consist of a mix of two to five bedroom properties, whilst Spiers Meadow will contain a combination of two to four bedroom houses and apartments.
Paul Crispin, managing director at David Wilson Homes Southern, pictured, said: “We are aware of the vital role we play in supporting local communities in and around the areas we build house.
“We have supported the area not only with the homes we build, but with the funds we have contributed to the local authorities and the jobs we’ve created.”
JAMES BICKERTON
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