Development of Lea Springs & future development challenges

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Presentation transcript:

Development of Lea Springs & future development challenges Siobhan Moore Head of Development

About us………….. Not only but also…. 2005 – 15 schemes including Marigold Court, Gateshead 2015 – 140 schemes, latest completion Gildacre Fields, Sunderland Not only but also…. Day Centres Libraries Village Halls Post Offices Churches ………………….

Lea Springs Former Residential Care site Planning challenges 38 units 22 Affordable Rent 16 Shared Ownership Parking TSC £4.9m HCA Grant £646k SABC grant £181k Completed Nov 14 Service Charges £42pw Rents £151/191 pw

Challenges & opportunities - 2016 ££££££££££££ Build Cost Inflation Land availability Reduced subsidies Build more for less? Creative use of space ‘In use’ feedback Catering Heating The mixed tenure challenge & ideal mix MMC Is there life without grant? HCA LA s106 ‘Wish Lists’ Rent restrictions Managing expectations – commissioners & residents

Questions? siobhan.moore@housingandcare21.co.uk