CALA reveals £150m East Dunbartonshire investment after major site acquisition



CALA Homes (West) has completed the acquisition of a brownfield site in Bishopbriggs and announced it is set to invest £150 million into East Dunbartonshire as part of a major long-term commitment.

The Bishopbriggs development will deliver 135 new homes, including 34 affordable, on a 19-acre site located close to established housing in the Meadowburn estate, Bishopbriggs.

CALA’s Kilmardinny Manor development in Bearsden

The brownfield site at Jellyhill has planning consent in place to provide much-needed new homes for East Dunbartonshire. The developer’s plans will preserve and enhance the site’s existing space, as around 60% will be dedicated to usable open space.

Following the latest acquisition, CALA has revealed it is set to invest £150m in the development of eight existing sites across East Dunbartonshire over the next six years. The commitment makes the premium housebuilder one of the biggest private sector investors in the region.

The significant investment will bring new jobs, boost the local economy and deliver vital new housing to an area where demand continues to outstrip supply.

With the aim of building communities and creating places, CALA will be bringing to market a variable product range of new build housing that will satisfy demands from different buyer types.

The developer has also delivered homes at Milton of Campsie

To capture changing demographics in the local market, the housebuilder is shifting towards smaller houses and developments with a greater proportion of flats geared towards the young upwardly mobile professional and the downsizer markets. The firm will also continue to deliver high quality detached and family homes.

CALA said it will play a “significant role” in the future housing provisions for communities in Milngavie, Bearsden, Bishopbriggs, Lenzie and Kirkintilloch, as it pushes forward developments that can account for circa 23% of housing supply in these areas.

Jim McIntyre, managing director, CALA Homes (West), said: “We have a proud track-record of building high-quality homes in the area and this announcement further demonstrates a long-term commitment to East Dunbartonshire. We will continue to work alongside key stakeholders and local communities to deliver placemaking developments that meet their needs and those of the wider area.

“The £150m investment will not only deliver much-needed private and affordable housing, but it will significantly contribute to the economic growth of the area - creating new jobs and unlocking further investment opportunities.”

Tags: CALA Homes



Related posts