David Wilson Homes to invest nearly £7m in Newbury
David Wilson Homes will be investing more than £6.8m in Newbury as part of an agreement for the housing company’s new development, writes Aneesa Ahmed.
The £6,841,154 funding will be used to support services and enhance facilities for both new and current residents in and around Newbury as part of the S106 agreement for the Donnington Heights development on Love Lane, Donnington.
This investment will go towards funding amenities for community use in the area.
This includes £4.5m towards the construction of a brand new primary school, in addition to a £921,245 contribution towards bus services and more than £700,000 towards the improvements of the Robin Hood roundabout.
The £6.8m investment comes after funding of £9.2m from the Hungerford-based homebuilder for its Newbury Racecourse development, as well as £795,621 for its Cherry Blossom Meadow and Willows Grange communities, for a total of more than £16m in funding in Newbury.
Donnington Heights will deliver 222 properties that are designed to appeal to first-time buyers and growing families alike.
It now has a number of four- and five-bedroom houses available, with prices beginning at £670,000.
David Wilson Homes Southern managing director Campbell Gregg said: “Investing in local communities is an extremely important part of building a new housing development.
“We pride ourselves on our commitment to the local community and strive to support it wherever we can.
"As our Donnington Heights development progresses, we are delighted to announce that we will not only be contributing to the area financially, but the construction process will underpin 444 jobs for the local area.”