Daily Newsletter

19 August 2024

Daily Newsletter

19 August 2024

Planning permission secured for new community in Falmouth

The community will offer a selection of housing types suitable for families, first-time buyers, and older people.

Upasana Mukherjee August 19 2024

The Church Commissioners for England has obtained the resolution for planning permission approval for a new 315-home community in Falmouth, Cornwall, UK. 

This development is poised to connect the town with its river harbour through a 13.4ha master plan. 

The new community is also expected to contribute to Cornwall Council's vision for growth, as outlined in the Cornwall Local Plan.  

It will offer a variety of housing types suitable for families, first-time buyers, and older residents, with 35% of the homes to be designated as affordable.  

The development will also include a new local centre. 

The location of the community allows for access to Falmouth's array of leisure, retail, and cultural facilities.  

It will be within walking and cycling distance to art galleries, cinemas, and theatres. 

The scheme will further include new public footpaths, open spaces, and green corridors that will link homes with play areas and parkland.  

The site is bordered to the north by the A39 road, to the west by Union Road, and to the east by Falmouth Road. 

Church Commissioners of England Strategic Land team lead Matthew Naylor said: “Our proposals support the Cornwall Local Plan’s vision for the sensitive growth of Falmouth and are in line with the Archbishop’s Commissions’ vision for sustainable, safe, stable, social and satisfying homes and communities. 

“Located near the Penryn River harbour, the new community will support a mix of existing retail and community uses alongside a network of accessible green space.” 

Earlier this month, the Church Commissioners for England, in partnership with Durham County Council, submitted a planning application for a community development in Newton Aycliffe, England.  

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Eastern Europe Construction Market Overview

GlobalData's latest report explores the different sectors of the construction industry in Eastern Europe through a detailed investigation of the output values from 2019 to 2028. Per our estimates, the region's construction market is expected to grow at a CAGR of >3% over the forecast period (2024-2028), supported by investments in the renewable energy, transport, and manufacturing sectors. The residential construction category is set to remain the dominant group in terms of output value (real) over the forecast period.

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