Partner Article
Major housing project gets underway in Stockton
A NEWCASTLE based housebuilder begins work this month on a major housing project in Stockton – which is expected to create at least 40 new jobs in the region.
The 16-hectare site on Yarm Road will see Bellway construct 474 new properties including two blocks of flats in the area.
The firm has let part of the site to industrial services oganisation Hertel Technical Services, which is moving from Billingham to a 160,000 sq ft manufacturing facility creating 40 new jobs in the process.
Norman Fada, Bellway’s North East land director, said: “This is an important development for us. It creates an attractive residential scheme at a key location with the size to make a real impact on the town and wider area.
“It is great to see the first steps take place towards transforming the Yarm Road site.”
Watson Burton has acted as legal adviser to Bellway for more rhan 20 years, advising on major residential schemes throughout the North East and the UK.
During that time Bellway has grown to become one of the UK’s top four housebuilders, employing 2000 people.
Barney Frith, Watson Burton property partner added: “It is great that our team has been able to advise one of our most significant clients on a major new development which will regenerate an important part of Stockton.
“It is also good news for the region that Bellway is driving forward this new scheme this year.”
This was posted in Bdaily's Members' News section by Ruth Mitchell .
Enjoy the read? Get Bdaily delivered.
Sign up to receive our popular morning National email for free.
The missing piece of the puzzle in the NEET crisis
The North East investment story needs two engines
We must forge change to close the skills gap
Creating the conditions for North East talent to thrive
Time to end London monopoly on arts talent
Why local government is key to devolution success
Your reputation is worth more than that invoice
There is no perfect time when selling a business
What next when social media career help goes?
The psychological contract that nobody signs
Time for strategy built on the foundational economy
Why being ‘work-ready’ matters more than ever