Just 18 months after work started on the construction of The Rise in Scotswood, Newcastle, it has been shortlisted for two prestigious honours.
The North of England’s largest, single-site, housing-led regeneration initiative is a finalist in the Royal Institute of Chartered Surveyors North East Renaissance Regeneration and Residential Awards.
There could hardly be a clearer sign that the project is already delivering the promises made to the communities in the West End of Newcastle. These pledges included:
- Building modern, energy-efficient homes affordable to local people.
- Creating a new, attractive environment while improving existing facilities.
- Providing training and work opportunities for local people andbusinesses.
- Supporting education.
The first 100 homes released for sale have already been bought - encouragingly, 80% of them to people living within 10 miles - and the next release of properties in the 379-home first phase is imminent.
These cleverly-designed, larger than average properties - priced from around £80,000 to £180,000 - provide great value when compared with the £156,000 regional average house price (Office of National Statistics figures).