Development set to create 7,000 new jobs names new joint venture partner
A Durham-based firm has been named as the joint venture partner for a regeneration development expected to create 7,000 jobs in the North of England.
Hargreaves Land, the property and land division of Hargreaves Services plc, has entered into a partnership with development specialist Waystone to deliver mixed-used project Unity in South Yorkshire.
Comprising 3,100 new homes as well as a school, transport hub, marina and open spaces, Unity aims to provide a low-carbon community to serve some of the most challenged wards in the Doncaster area, as well as providing 60 hectares of commercial space to boost the local economy.
Stuart McLoughlin, managing director of Waystone, commented: “So much goes into designing an ambitious and transformational scheme such as Unity, including innovative engineering solutions to create a vibrant and attractive community that local people will be proud to call home.
“We are pleased to have Hargreaves Land on board as development partner going forward. The Hargreaves Group employs more than 2,000 people and delivers key projects and services in the property and industrial sectors, with a growing focus on optimising the development value of its 15,000 acre land portfolio.
David Anderson, group property director at Hargreaves Land added: “Our expertise in servicing large-scale sites and developing commercial floorspace means this project is a great fit for Hargreaves Land.
“Not only will Unity stimulate economic regeneration, but it will promote social inclusion and the health and wellbeing of people living in the area by improving access to quality community and leisure spaces.
“We’re very much looking forward to working with our partners at Waystone to bring this plan to fruition and we’re delighted that our latest investment is a site of national importance.”
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