North Midlands team pledges £2.8 million to Shepshed community
12 December 2023
Our North Midlands team is giving a boost of over £2.8 million to Shepshed and its surrounding areas as part of its new community of 210 homes in the village.
The development – known as Jubilee Rise – is being delivered by Persimmon Homes North Midlands. Bringing a mix of new homes to the area, the community will help to meet local housing needs, with 20% of properties to be transferred to a housing association partner for rent and shared ownership.
As part of the wider site, millions are being pledged by Persimmon to support infrastructure delivery and ensure economic development. Featuring a number of community benefits, financial contributions as part of the new development include £2.1m towards local education provision, £349,000 towards local highways improvements and £114,000 towards local healthcare.
Particular attention has been given to the environmental and ecological credentials of the new community, which will bring a biodiversity net gain to the area. Specific measures implemented by the developer include on-site wildflower meadows, bat and bird boxes, and landscaping in keeping with the development’s surrounding green space.
Sean Barratt, Technical Director at Persimmon Homes North Midlands said: “Not only will our Jubilee Rise development deliver 210 quality new homes and a biodiversity net gain, it will also create local jobs as part of the construction and generate a significant investment in the local economy.”