Keepmoat invests £11.3m into Ravenscraig regeneration project
Housebuilder Keepmoat has invested more than £11.3 million into the regeneration of former brownfield land at its The Castings development, located near Ravenscraig.
The second phase of the scheme will provide 59 two and three-bedroom homes, replacing a disused field and adding to the 111 new homes already delivered in Phase One of the development, which included multi-tenure properties in partnership with North Lanarkshire Council.
During this phase of the transformation, the housebuilder has created additional new, environmentally friendly and sustainable homes to add to the vibrant community now flourishing. The project has also created a raft of new local jobs, training and apprenticeship opportunities, further boosting the local economy across both phases.
Tim Metcalfe, regional managing director at Keepmoat, Scotland, said: “We’re thrilled to be continuing our regeneration work at The Castings after all properties available in the first phase were successfully sold.
“It’s extremely rewarding to hear positive feedback from residents and breathe new life into Ravenscraig. The development has created accessible linkages to the wider Ravenscraig area and a green open space with play area for residents.”
The homes at The Castings are due to be completed by 2025 as it recently launched the showhome for the development.