1 November 2019
Executive Council has agreed to transfer Crown Estate land at Bunkers Hill to Nigel George Construction & Plant Hire for the development of approximately 146 serviced plots to be made available for sale to Resident First Time Buyers, Residents and Residents and/or Investors, subject to planning permission being granted.
The land at Bunkers Hill which totals approximately 50 acres is earmarked in the Land Development Control Plan as a Comprehensive Development Area (CDA).
There are a number of positives arising from the transfer of this land to the private sector including:
- Providing an opportunity to support affordable housing
- Promoting economic development
- Making housing plots available to local residents and investors
- Providing much needed social housing
Developing the area will also stimulate the availability of residential development and support first time house builders.
Council acknowledged that this was a really good initiative from a local developer which should drive the economy and construction sector on the Island forward.
Members also encourage other entities to bring forward ideas for development.
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SHG
1 November 2019