In 2007, South Hams District Council adopted plans to build Sherford, a new market town between Dartmoor and the South Devon coast.
Proposals for this new town included thousands of new homes, four new schools, a town hall, a sports centre and a community park.
Yet despite widespread public support, this exciting new project faced years of delay.
That’s why today, I’m delighted to announce a £32million cash injection that will kick-start work to build this new community.
This Government loan will be used to support new roads to unlock an area to deliver the first new homes; the provision of gas, water and electricity to the site, and stringent ecological measures to protect local wildlife.
Overall, work on Sherford will deliver 5,500 much-needed new homes to the area and create 5,000 new local jobs.
Kick-starting large-scale sites
Sherford is the fourth large-scale site to receive Government support to get work started to deliver the homes and jobs this country needs, and brings the numbers of homes unlocked through our large-scale sites programme to 41,000.
Other sites include Cranbrook near Exeter, where we’ve unlocked plans for 6,300 homes; Fairfield near Milton Keynes where there are plans for 6,000 new properties, and the Eastern Quarry development in Ebbsfleet, where over 22,000 homes will be built.
But this is just the beginning: our interventions are helping to create thousands of jobs and pump billions of pounds of investment into local economies and I’m determined that this continues.
That’s why we’ve set aside considerable funding to assist more large-scale sites like Sherford, and over the coming months I look forward to announcing further deals that will go a considerable way towards getting Britain building.