Homes plans lead to 1,000 new Devon jobs
SEVEN new Devon housing projects, four of them in Exeter, will create around 600 new homes and provide around 1,000 jobs over the life of the developments.
The jobs boost comes with the arrival in Exeter of housebuilder David Wilson Homes, part of Barratt Developments, which has identified the South West as a region for growth.
News of the major new investment was confirmed by Barratt Group chief executive Mark Clare, who was in Exeter to officially launch the first development, 154 homes at Hillside Gardens in Pinhoe.
The other Exeter developments are Rougemount Park, Hill Barton – 133 homes; Earls Park – 39 homes and Rydon Lawns – 87 homes.
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Mr Clare said: "The good news for home buyers is that the mortgage market is now improving and we are expanding our business – there is a chronic shortage of new-build homes, particularly detached family homes in Exeter.
"Just nine per cent of properties in Exeter are detached.
"The new investment we'll be making will create more than 600 homes in the South West in the next three years and this will support around 1,000 jobs, primarily in construction and sales during the life of the sites."
The majority of the new jobs created are expected to be filled by local people with the construction projects set to benefit a wide range of local sub-contractors, supply chain and provide valuable apprenticeship opportunities.
Tim Larner, David Wilson Homes Exeter managing director, said there was also a big demand for larger homes in Exeter.
He said: "Exeter in particular has high levels of pent-up demand for family homes.
"Customer interest is the strongest I've seen for five years.
"There has been very little built in the last few years, and our research shows that people want to live within easy reach of the city centre and all of its amenities but still have good access to the motorway and major transport links.
"Pinhoe is an outstanding site and the number of people queuing to see the homes on launch day exceeded all of our expectations and we could barely cope with the level of demand."
The other developments are in Plymouth, Newton Abbot and Ermington.