Midlands developer agreed £2.8m Section 106 agreement for 210-home project

A local developer is contributing more than £2.8m to Shepshed and nearby areas through a new community of 210 homes in the village.Persimmon Homes North Midlands is overseeing the development, known as Jubilee Rise, which introduces a range of residences to address local housing needs.20% of the properties will be allocated to a housing association partner for rent and shared ownership.Under section 106, £2.1m will be directed towards local education provision, £349,000 for improvements to local highways, and £114,000 designated for local healthcare.The initial residences at Jubilee Rise are now available for purchase, and the on-site sales cabin opened in January. With a variety of two-to-five-bedroom homes, this new community provides diverse options for prospective buyers.Sean Barratt, technical director at Permission Homes North Midlands, said: “Not only will our Jubilee Rise development deliver 210 quality new homes and a biodiversity net gain, it will also create local jobs as part of the construction and generate a significant investment in the local economy.”Nadine O’Dowd, sales director at Persimmon Homes North Midlands said: “It’s really exciting to see our community at Jubilee Rise start to take shape and we’re looking forward to welcoming our customers to the development in January when the sales office opens.“We’re committed to creating vibrant, successful communities and supporting more local families in getting their dream homes. We’d recommend that anyone interested in purchasing their dream home in Shepshed gets in touch with our sales team to find out more.”