Developer Making Places has acquired a new brownfield site in Corby, Northamptonshire, to build 250 new homes alongside local facilities on the former limestone quarry Oakley Vale.
The £20m project is due to start in June 2007 and be completed in spring 2010. Making Places is a joint venture between developer Places for People and regeneration company Cofton.
The partnership will invest £300m in land acquisition over the next two years and plans to develop thousands of energy efficient homes in sustainable communities.
David Shaw, director at Making Places, said: “These plans represent a golden opportunity to continue redeveloping the Oakley Vale area of Corby, creating a prosperous and sustainable neighbourhood with a mix of homes for local people.”