Nuneaton and Bedworth Borough Council has granted outline planning permission for phase two of the £115million 72-acre ‘Canal Village’ in Hawkesbury.
Phase two of the development will include 176 homes, landscaped open space and park provision across 39-acres.
There will also be a new bridge over the Coventry Canal, which will connect the Coventry to Bedworth. The development will also includes additional cycle and pedestrian routes and extensive infrastructure works.
Solihull based development company Terra has been granted an allocation for 380 residential units, infrastructure and community facilities in the Nuneaton and Bedworth Borough Plan after buying the land.
Phase one of the development was approved last year with construction now underway. Construction of 204 houses in phase one is being delivered by Terra’s sister company Living Space and Vistry Group.
There will be 153 open market properties and 51 affordable homes built in the first phase, comprising of one-bedroom maisonettes, two-bedroom apartments and bungalows, and two, three and four-bedroom family houses.
The first community facilities are now nearing completion, including a 2000 square foot building complete with its own car park, a BMX track and allotments.
Terra’s managing director James O’Shea said: “This ‘canal village’ is creating a vibrant new community, which is only a five-mile canalside walk or cycle ride into Coventry city centre. The scheme will have a transformative effect on the local area and provide significant community benefits, as well as a total of 380 quality new homes for north Warwickshire.”