The developers, SDA Ltd, were behind one of the largest regeneration projects in Scotland, Armadale Station Development in West Lothian, and have confirmed the completion of the sale to Taylor Wimpey and Bellway.
The sale will enable the delivery of 180 houses with the associated payment of developer contributions in advance of the due date to West Lothian Council for primary school education, which could be used to deliver a proposed new primary school in Armadale.
The full payment by SDA Ltd reflects the commitment of the company to the delivery of this school and its delivery is one of seven projects seeking support from West Lothian Council's West Lothian Infrastructure Fund.
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The early construction of a new primary school in Armadale will allow for the further housing development of 800 plus homes and the eventual delivery of 4,500 jobs.
As the initial phase of the development moves forward, the developers hope to keep up the momentum on delivering the overall masterplan which includes 1,000 houses, a hotel, a care home, leisure facilities, industrial and office space.
A planning application lodged in June comprises 394 homes, retail area, a community building, an office building and two mixed use buildings incorporating flats and ground floor commercial units.
Spokeswoman for Armadale Station Development, Sandra Carter, said: "We are delighted to have completed the sale of the housing sites to Taylor Wimpey and Bellway Homes at Armadale Station Development. This is one of the most exciting regeneration projects taking place in Scotland, especially during such a challenging time in the property industry, and we are delighted to be delivering on the pledges we made to the local community over the past 8 years we have been involved in the project."
(JG/GK)
