Friday, 6 October 2006

Housing is a vital part of the Coatham Links development

Peter Jordan, Persimmon Homes Regional Projects Director has defended the need for housing as part of the Coatham Links development at Redcar:

“The housing at Coatham Links is fundamental to securing the necessary financial backing and grant funding to bring leisure facilities to this site. The funding and market requirements for all aspects of this development have been meticulously investigated and Persimmon Homes is confident that the current plans represent the best way, and in fact the only way, to create the high quality state of the art leisure and sporting facilities that Redcar deserves.

“Housing is not only vital to the funding of the project but is vital to the future of the town. Research shows young adults leaving is set to become a major issue in Redcar, with a large percentage of the economically active population expected to move away during the course of the next 5 years. Taken as a whole, the Coatham Links project is a vital part of the change needed to regenerate the town and reverse this trend by providing a new range of housing, employment opportunities, leisure and sporting amenities for present and future residents of Redcar.”

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