Cotgrave is set to benefit from a
£2.7 million funding boost.
The funding comes as part of the
planning agreement for the new Hollygate Park development, off Hollygate Lane,
which is being built by Barratt and David Wilson Homes and will be used to
support community investment for both new and existing residents.
Specific funding includes £763,200
towards education facilities, a £932,540 community contribution, £600,000
towards bus services and sustainable transport donations of more than £60,000.
With the development's close
proximity to Cotgrave Country Park, £182,500 will be used toward the park's
upkeep, cycle paths and ecology improvements.
John Dillon, managing director at
Barratt Homes North Midlands, said: "Community investment is one of the
most important aspects of any new housing scheme. To that end, we aim to
contribute a great deal to the local community as our Hollygate Park development
How the cash will be spent:
service – £600,000
Country Park – £105,500
Country Park cycle path – £57,000
improvements within Cotgrave Country Park – £20,000
Sustainable transport improvements to Melton Road – £20,000
Sustainable transport – £40,000
Pack – £250 per dwelling, totalling £114,250
leisure – £30,000
will also be made for green open space, equipped play areas and mini pitch.
Once completed the development will
be home to 470 new two, three, four and five bedroom homes.