North East development company Hargreaves Land has struck a new agreement paving the way for the creation of a £100m scheme to deliver new homes, offices, food outlets and leisure facilities in Falkirk.
Joint venture partners Hargreaves Land and Fintry Estates have reached agreement with Falkirk Council which will see them table a planning application this summer for the 27-acre residential and commercial scheme at Falkirk Gateway. The project will see the development of an area next to the new Forth Valley College and Falkirk Stadium, to include a mix of 100 new homes, a pub/restaurant and a 120-bedroom hotel.
More than 120,000 sqft of commercial floorspace for retail and leisure is also set to be created, as part of a package to support the ongoing regeneration and development of Falkirk over the coming few years. The project is expected to bring around 400 full and part-time jobs in the construction, retail, office, and hospitality and leisure sectors over the next 15 years.
