An East Midlands council has stated that plans to put up 2,750 new homes, along with community facilities, shops and employment space could bring in investment of up to £1 billion.
Harborough District Council said the 550-acre Lutterworth East Strategic Development Area would lead to new jobs, much-needed affordable homes and bring tens of millions of pounds in community benefits.
Lutterworth currently has a population of around 9,500 and Harborough District is required to build 10,512 new homes over the next 16 years.