Market Leads & Opportunities
Lagan Homes given green light for plans to build 480 homes outside Dundonald
A huge housing development with around 500 homes is due to be built in Co Down. The green light was given for the £70m plans from Lagan Homes to build more than 480 family homes at Millmount Village on the outskirts of Dundonald. There are already 123 properties built at the site, just off the Comber Road.It’s understood the work is due to be completed in the next three to four years. The go-ahead for the scheme was given by Lisburn and Castlereagh City Council on Wednesday.The site itself has had a complicated history. Millmount formerly belonged to house-building brothers Michael and John Taggart, who borrowed from Anglo Irish Bank to buy the 96-acre site. And after their business was placed into administration, the debt was eventually moved into Nama.Now, Lagan Homes is developing the site further.The new homes have been designed by architect Alan Patterson Design, and will follow the same Georgian-influenced architecture reflective of existing properties.Planning permission for the reserved matters application was secured by Turley planning consultants.Meanwhile, a number of large housing developments are currently under way, or in planning, across Northern Ireland.That includes a number from the new owners of Junction One, The Lotus Group.It’s planning to build a series of housing developments, starting off with 45 new properties metres from the site, called Ferrard Meadow, at the Ballymena Road.And around 50 construction jobs are to be created with a new £9.5m housing development in Co Antrim. Hagan Homes is to build 78 new houses in Ballyclare at a site on the Fairview Farm Road, with the entire scheme due to take around four years to complete.In May last year, it was also revealed plans were under way to build 800 new homes in Londonderry as part of a £100m development.Lagan Homes has said it is planning to construct 550 family houses in two locations in Bangor in a major £90m development.And Carryduff firm Fraser Houses hopes to build 1,000 properties off Movilla Road in Newtownards.The Rivenwood project is expected to create approximately 500 jobs and will take between 10 and 12 years to complete.
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