£12.4m deal paves way for 250 new homes in Keynsham
Published on: 06 Jan 2014
A developer has struck a £12.4 million deal with Bath and North East Somerset Council to buy land off Charlton Road in Keynsham to build 250 homes.
The transformation of the K2A site by Barratt Homes has moved a step closer after the company agreed terms for a conditional contract with the local authority just before Christmas.
Besides hundreds of new homes, the blueprint for the site also includes the enlargement of the existing playground off Holmoak Road to four times its size. New play equipment will be provided as well as open space for the whole community to use.
The developer will also make a financial contribution to the Woodland Trust to make improvements for visitors to Abbots Wood to the east of the site.
A new roundabout will be constructed on Charlton Road to provide access to the site, both for construction vehicles and residents’ vehicles. The payment of £12.4 million will help cover investment in areas such as highways, affordable housing and school buildings. Councillor
David Bellotti (Lib-Dem, Lyncombe), Cabinet Member for Community Resources, said: “New homes on this site are part of Bath & North East Somerset Council’s plan to rejuvenate the town.
“Together with the £34 million regeneration of Keynsham town centre and redevelopment of Somerdale, the council and
its partners are supporting a town of new opportunities for people living here and their families.
“The new homes will also bring a noticeably improved playground facility and better pathways and facilities for users of Abbots Wood. We understand that Barratt Homes intend to submit a planning application in early 2014.”