The first of 150 new homes in Haverhill are set to go on sale within the next few months.
The Arboretum development, being made by Taylor Wimpey and part of the Haverhill Research Park, is based is the western/Cambridge end of the town.
Of the new houses 15 of them will be affordable homes and the rest private, with the sale of the buildings expected to begin in November.
Work began on Carisbrooke Investments’ research park last November, with homes, a hotel, pub, creché and landmark entrance all included as part of the scheme.
The homes were given full planning permission on January 3 after plans for the hotel, creché and family pub, run by Marstons Brewery, had been passed in September.
Of the 15 affordable homes, there will be ten special rented units (three one bedroom and five two bedroom flats and two four bedroom houses) and five shared ownership/intermediate houses (three two bedroom and two four bedroom homes).
Secretary of state for communities and local government Eric Pickles got work started on the 450,000 sq ft research park’s infrastructure on November 6, with Carisbrooke later agreeing in principle to form a charitable trust to form a £5.9 million innovation centre on the site.
As developers look to compete with the ‘Silicon Fen’ science parks of South Cambridgeshire and lure the first tenant to the 20-acre Haverhill park, which can offer up to 2,000 jobs in low density and high quality landscaped environment, St Edmundsbury Council offered business rates relief worth £275,000 over five years to the first company to move in.
The 150 new homes will feature a range of sizes and designs, with one, two, three, four and five-bedroom homes and the first phase of properties being released for sale in the coming weeks.
Prospective buyers are urged to register their interest the development as soon as possible.
Caroline Carter, regional sales manager for Taylor Wimpey, said: “We’re now just weeks away from finally revealing this stunning collection of new homes at The Arboretum to discerning house-hunters in Suffolk.
“With a range of property styles, from one-bedroom apartments to five-bedroom houses, we are certain savvy property-seekers will find their ideal property at this fantastic new development.”
The research park will boast plenty of public open space, including woodland, play areas and public cyclepaths and footpaths, and the family pub-restaurant will be opening in early 2014.
Haverhill Research Park will accommodate office, laboratory and technology companies, potentially offering buyers at The Arboretum the chance to work close to home.
Nic Rumsey’s Carisbrooke Developments already owns the 55-acre Haverhill Business Park, which includes the Days Inn Hotel, and also the Cambridge Research Park.
Work on the £100 million research park got rolling after loans for that £4 million, with half from the New Anglian local Enterprise Partnership (LEP) and half from the Greater Cambridge Greater Peterborough LEP.
To register an interest by call 01440 840343.
For information on Taylor Wimpey developments call 01284 773800 or visit www.taylorwimpey.co.uk/eastanglia.
For all the latest news see today’s (Thursday’ August 29) Echo.