HAMILTON-based developer, Banks Property, expects to submit a planning application for an exciting new residential development in leafy Midlothian early next year.
The plans were recently announced in a Proposal of Application Notice, submitted to Midlothian Council.
The proposed development is in Rosewell, a picturesque village situated in the Midlothian countryside on the outskirts of Edinburgh.
Occupying the 12.6 acre ‘Doctor’s Field’, (about six football pitches) north of Carnethie Street, it will comprise around 100 much-needed new family homes in a sustainable expansion of the historic village of Rosewell.
The development is expected to provide a range of homes – from high-quality three, four and five-bedroom family homes, to affordable starter homes.
Banks Property is hoping that construction can commence in late 2016, subject to planning permission being granted, located as it is in an area with a significant housing shortfall and strong demand for new homes.
The project will follow up on the successful neighbouring Roselea development of 63 homes, realised through a partnership between Banks Property and Miller Homes.
Once the detailed plans are finalised, an exhibition will be held in the village to showcase the development and give the local community the chance to see the plans first. There will also be the opportunity to provide useful feedback, ahead of the planning application being submitted.
Colin Anderson, director of Banks Property, said: “This is a hugely positive development for the area.
“Demand for new homes within easy commuting of Edinburgh has outstripped supply, pushing up prices and making homeownership challenging for many.
“Developments such as this one at Rosewell are therefore essential to keep prices down and give hope to young families and people looking for a good quality, affordable home in an excellent location.”
Colin added: “Banks Property is committed to sustainable development and this means that as well as creating a wonderful environment for families to live and work in, we intend to maximise the use of local contractors and businesses, to ensure the biggest economic benefit is delivered locally.”
To learn more about this exciting plan which will bring much needed new homes, jobs and investment into Midlothian, please go to: http://www.banksgroup.co.uk/rosewell
Notes for editors:
Banks Property is part of the Banks Group (www.banksgroup.co.uk), a family firm founded in 1976, which now employs 400 people in the property, renewable energy and mining sectors.
It develops land for commercial and residential property development and is committed to creating sustainable communities where people want to live and work, developing sites ranging from less than an acre to more than 300 acres.
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