SPRINGFIELD Properties has won planning permission to build 1,700 homes across Scotland amid what it described as buoyant housing market conditions in the country.
The family-owned firm is also seeking permission to build a further 2,000 homes in a move that signals confidence in the long term prospects for the market.
The company’s chairman Sandy Adam said: “Conditions in the Scottish construction and housing sectors are good at present, with demand for high quality affordable family homes continuing to increase.”
Springfield has launched a major push for growth as it looks to capitalise on favourable conditions in the markets for home for private owners and social housing.
The company said its developments are designed to appeal to people operating on a range of budgets.
Noting that the Scottish Government has budgeted to provide £3 billion over the next five years to help meet the need for social housing, it added: “At Springfield, we are actively procuring land and establishing relationships with various housing associations and councils to help address this need.”
Springfield was established in Elgin in 1956 and has expanded from its heartland in north-east Scotland into the central belt in recent years.
The company has won permission to build a total of 1700 homes on 13 sites stretching from Dornoch, north of Inverness, to Edinburgh.
The biggest development, of 1061 homes, will be at Bertha Park, Perth.
The company has permission to build 1,100 homes for private ownership in total and 608 classed as affordable housing.
Springfield built 510 homes during the year to May 2015.
It bought Redrow's Scottish operation for £49m in 2011.
Why are you making commenting on The Herald only available to subscribers?
It should have been a safe space for informed debate, somewhere for readers to discuss issues around the biggest stories of the day, but all too often the below the line comments on most websites have become bogged down by off-topic discussions and abuse.
heraldscotland.com is tackling this problem by allowing only subscribers to comment.
We are doing this to improve the experience for our loyal readers and we believe it will reduce the ability of trolls and troublemakers, who occasionally find their way onto our site, to abuse our journalists and readers. We also hope it will help the comments section fulfil its promise as a part of Scotland's conversation with itself.
We are lucky at The Herald. We are read by an informed, educated readership who can add their knowledge and insights to our stories.
That is invaluable.
We are making the subscriber-only change to support our valued readers, who tell us they don't want the site cluttered up with irrelevant comments, untruths and abuse.
In the past, the journalist’s job was to collect and distribute information to the audience. Technology means that readers can shape a discussion. We look forward to hearing from you on heraldscotland.com
Comments & Moderation
Readers’ comments: You are personally liable for the content of any comments you upload to this website, so please act responsibly. We do not pre-moderate or monitor readers’ comments appearing on our websites, but we do post-moderate in response to complaints we receive or otherwise when a potential problem comes to our attention. You can make a complaint by using the ‘report this post’ link . We may then apply our discretion under the user terms to amend or delete comments.
Post moderation is undertaken full-time 9am-6pm on weekdays, and on a part-time basis outwith those hours.
Read the rules hereLast Updated:
Report this comment Cancel