Market Leads & Opportunities
Creigiau Development Brings Benefits
A new development of 1,500 homes in Cardiff will see millions invested in the infrastructure of the area.The project will see investment being made in secondary education, bus services, affordable housing, and community facilities. Work has already begun on the significant Llanilltern Village project in South Creigiau, on land just north of the M4.Persimmon Homes, who are behind the scheme announced last week (April 8th, 2020) that they would be giving around £14 million in S106 contributions as part of the development. With Martin Smith, MD of Persimmon Homes East Wales giving further details about how the money would benefit the area.As well as funding a new primary school on the site, Persimmon will also pay £3,276,200 towards secondary education in the vicinity, in both English and Welsh-medium schools. In addition to this, Persimmon Homes have pledged a £2.25 million boost to the local bus service, and the site will include a station to the new South East Metro.There will also be a further £105,000 contribution toward community facilities, which will be given to the council to spend on new off-site facilities within the St Fagans/Creigiau ward.As well as providing 15% of affordable housing on the Llanilltern Village site, Persimmon are also contributing £7.9 million toward off-site affordable housing in Cardiff, which will be paid in seven installments as building work progresses.There are also going to be payments towards air quality and waste management, as well as a £50 voucher for each house buyer toward a new bicycle.Two new sports pitches will also be built, as well as an orchard and a 1,000-space park and ride facilities into the city, close to J33 of the motorway. As the development progresses, a 2,500sq ft local centre will be built, with commercial units suitable for shops, service businesses, restaurants and cafes.
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