Market Leads & Opportunities
Barratt Homes signs deal to deliver 128 homes at Countesswells
Barratt Homes will be the latest developer to invest in homes at Aberdeen’s newest town of Countesswells, following its acquisition of almost nine acres of land at the community.The housebuilder joins Stewart Milne Homes and Kirkwood Homes at the location, which has been backed and accelerated by an £86 million guarantee from HM Treasury.As part of the deal, Barratt Homes plans to build 128 high-quality new homes in a variety of sizes and styles, which it claims will meet demand from first time buyers and movers alike.Once complete, Countesswells will comprise around 3,000 homes, of which 750 will be affordable, along with community infrastructure and amenities including schools, parkland, leisure and healthcare facilities, shops and other commercial space.Development of the new community will be phased over 15 years, boosting the local economy and supporting at least 1,000 construction jobs and creating new employment opportunities in area.The development, which recently won the RICS 2018 award for Scotland’s best in the residential category, will see Countesswells Development Ltd (CDL) bring to the market other development parcels for sale.Approximately 150 families are already living at Countesswells in the first neighbourhood of Regency Place, which also boasts extensive landscaped grounds including the Cults Burn Park, a playpark and a community orchard.
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