6th Dec 2013
Building has begun on a new £I.72M housing scheme in the centre of Penrith which will provide 15 homes for rent and shared ownership when completed in Autumn 2014.
The site located in central Penrith was previously occupied by a Greggs Bakery Factory. The new development will be named Bakers Place to reference it’s previous history. The build is a partnership between Riverside and local building contractor Atkinson Building Contractor Ltd. and is part funded by Homes and Communities Agency (HCA) grant.
Dean Butterworth, Divisional Director for Riverside in Cumbria said “We are delighted to be building new affordable homes for local people in Penrith. The current economic climate means there is a high demand for for rent and shared ownership in this area. Working in partnership with Atkinson’s we will be able to offer 12 x two bedroom and 3 x three bedroom homes, close to shops and services.”
Steve Atkinson, Director of Atkinson’s said “Bakers Place is our first development working in partnership Riverside. We strive to identify suitable sites within the area to deliver the much needed affordable housing requirement and provide local employment. This is another such scheme ideally located within the town only a short distance from most things”
Councillor Lesley Grisedale, Eden District Council’s Housing Portfolio Holder, said: “There are currently around 1,000 households on the Cumbria Choice waiting list for housing in Eden, which makes developing new affordable schemes so important. The new two and three bedroom houses on the site will help provide affordable homes for 15 local families in Penrith. This is an excellent location as the new homes are ideally situated for the town centre. The scheme is also providing employment and helping to support the local economy, as it is being developed by Riverside and local contractor, Atkinson.”