Housebuilder Keepmoat Homes has completed the purchase of the former Firbeck Colliery site in Nottinghamshire.
Planning permission was granted by Bassetlaw District Council at the end of last year, and now the acquisition of the 32-acre site in Costhorpe has been finalised with developer and regeneration specialist Network Space.
It cements Keepmoat’s plans to transform the site into a development of 400 new homes, bringing much-needed housing to the area.
The development off the A60 Doncaster Road, will be known as Osprey View. A mix of two, three and four-bedroom homes has been put forward, with access to Langold Country Park.
Dan Crew, regional managing director at Keepmoat, said: ‘’We are very excited to progress with our plans and breathe new life into the disused site. The new energy-efficient homes are designed to support the demand in the local area including first-time buyers who are eager to get their foot onto the property ladder, as well as those looking to up-size.
“We are committed to transforming the site into a brand new and inclusive community which will have access to the beautiful country park and lake, and we envisage the development to be popular with both families and walkers alike.
“We have a strong track record of delivering new homes across the country, particularly on brownfield land such as this and this acquisition is a fantastic opportunity to strengthen our presence in the area.”
Network Space acquired the site in 1997 as part of the Yorkshire British Coal portfolio. The colliery ceased operation in the late Sixties, becoming Costhorpe Industrial Estate. It has laid vacant for several years.
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Joe Burnett, development director at Network Space, said: “It will be fantastic to see this brownfield site remediated and brought back into positive use. In addition to delivering much-needed housing, it will remove blight and derelict buildings and enhance the area, providing linkages to Langold Country Park and the recreation grounds.
“We have worked hard over many years with Bassetlaw District Council to bring forward the regeneration of this complex site and now feels like an appropriate time to pass the baton to the very capable hands of Keepmoat Homes. I look forward to seeing a dramatic improvement in the site’s immediate local environment as well as a positive impact on the wider community as this attractive residential scheme develops over the coming years.”
Construction is due to commence imminently, with the first homeowners expected to move in from January 2022. The development will take around eight years to complete.
It comes after a clutch of land deals were recently secured in Yorkshire and Lincolnshire.