Carlisle commissions garden village studies

Carlisle City Council has commissioned two studies to inform its masterplan for the 10,000-home garden village following its successful bid for funding from the government as part of the national designations for the new growth areas this month.

STORY HOMES

Story gets £65m bank backing

Carlisle-based Story Homes has secured a £65m funding package from Lloyds Bank to support its growth over the next five years, which includes plans for the opening of its first Manchester office.

Lake District Ironworks housing revived

Receivers advised by Indigo Planning have been given the go-ahead to continue redeveloping the Backbarrow Ironworks in Cumbria after work on the site stalled in 2007.

Construction boosted by apartment schemes

The North West residential sector saw a significant boost in the number of new-build properties commissioned in Q3 this year, leading all regions with 5,275 units, according to data provider Barbour ABI.

Plans in for Eden Valley housing

Story Homes has submitted a planning application to build 98 new homes, including 29 for the affordable market, on land off Salkeld Road in Fairhill, Penrith.