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

2. 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 ………………….

3. 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

4. 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

6. Questions?