£1.3bn Lincolnshire project approved

£1.3bn Lincolnshire project approved

North Lincolnshire Council’s Planning Committee has given the go-ahead to build Phase Two of Lincolnshire Lakes — the largest housing regeneration scheme in the area — creating more than 7,300 homes and 5,000 jobs in total.

The decision marks the final piece to the jigsaw that will complete the £1.3bn Lincolnshire Lakes development. The final three planning applications granted permission were from Maltgrade Ltd. This will enable:

  • 2,500 new homes to be built
  • The creation of a village centre
  • The creation of a lake
  • The detrunking of the M181 motorway and creation of a new terminating junction – the Southern Roundabout
  • A series of improvements to local transport and highways infrastructure including Burringham Road

The news follows the recent announcement that KMG Lucent Fund’s four applications received the go ahead for stage one of the Lincolnshire Lakes development to build 3,000 new homes. The whole project will see the creation of five new villages on the outskirts of Scunthorpe, complete with new schools, new football stadium, leisure and recreation venues, pubs and restaurants, village centres, thousands of new homes and much more.

The council has also secured £13m for a new flood defence scheme to improve defences along the River Trent to protect residents.

Cllr Rob Waltham, deputy leader, North Lincolnshire Council, commented: “Today’s decision will pave the way for the region’s largest housing regeneration scheme for years to come. It’s a significant milestone; now the necessary approvals have been granted, we can get on with delivering this huge scheme that will totally transform the area.

“Our vision is now a reality. People will soon start to see things take shape. Lincolnshire Lakes is without doubt our biggest regeneration scheme in the history of North Lincolnshire — it is difficult to imagine the sheer scale of it – but to put it into context, it is the size of around 50 football pitches. We have never before seen anything of this magnitude. It will be fantastic for the area, creating thousands of new homes and jobs and a place people can be really proud of.”

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