Barratt Homes celebrated a major milestone this week, with the 500th home completed at its award-winning £168m regeneration scheme in Plymouth.
And Lee Peck Media was right in the middle of the action, helping to shine a spotlight on the achievement in the regional and national press.
Developer Barratt Homes, which was awarded contracts by Plymouth Community Homes to deliver new homes in Phases One and Two at PL2, North Prospect. North Prospect is a major, 10-year multi-million-pound regeneration project between Plymouth Community Homes and Plymouth City Council, two miles from the city centre. When complete, in six years’ time, the development will have 1,200 new homes and 300 homes will have been refurbished to meet a higher standard, with 57 per cent being affordable homes.
Barratt also constructed The Beacon, a community centre commissioned by Plymouth Community Homes, which houses a range of facilities including meeting space, a local library, a convenience store and nursery. In addition, Barratt and PCH have made contributions of more than £400,000 under the Section 106 agreement to improve the local facilities and infrastructure. This has included allocations to the local school and upgrading Cookworthy Green.
Paul Moran, managing director at Barratt in the region, said: “We are delighted to have played a key role in transforming this large area of Plymouth. As the south west’s leading developer, regeneration is very important to us. PL2 has proved to be extremely attractive to private home owners who have seen their investment flourish. Prices for the most popular two bedroom properties have risen by up to 32% over four years.”
He added: “Help to Buy has been a key ingredient in its success with 139 purchasers benefitting from the Government’s initiative.”
The story of the 500th home being completed at PL2 achieved high levels of media coverage thanks to Lee Peck Media’s PR drive.