Investment in Key infrastructure - Enabling housing, employment and leisure facilities

 “We are delighted that the Single Local Growth Fund will enable the first phase of the Quadrant scheme in Boston to be delivered.  We have set out ambitious targets to grow the economy across Greater Lincolnshire.  It is encouraging that our vision for the local area has been immediately recognised and rewarded by central Government and is also matched by the commitment and confidence of private-sector investors in bringing new development and employment opportunities forward."

Ursula Lidbetter, Chair of the Greater Lincolnshire LEP

The Quadrant comprises a mixed-use development being delivered by Chestnut Homes (Land) Limited on a site straddling either side of the A16, which is the main southern arterial route into Boston.  Growth Deal funding specifically supports initial infrastructure provision, with support for affordable housing being contributed in a second phase under the Unlocking Rural Housing Programme.  The largest proportion of the site occupies the area of land between the A16 and London Road.  The overall site extends to around 27 hectares (66.5 acres).

The completed scheme will include a number of uses, including over 500 new homes, with a broad mix of dwellings, including one and two-bedroom apartments and two, three and four-bedroom houses.  Contracts have been exchanged with a Local Registered Provider for 62 affordable houses and 48 of the dwellings have been completed and handed over. Market housing construction is on-going with 33 dwellings now occupied (plus the four show homes completed). 

Land has been set aside for commercial operators, including a pub/restaurant site, and a variety of sites for drive through/restaurant uses. Land sales have completed on sites A and B with construction on-going on site B with the Costa Coffee unit forecast for completion February 2019.  Construction is forecast to commence early 2019 on site A for Burger King and Greggs units. Contracts have also been exchanged on a further 4 sites.

It is estimated that once complete the scheme will directly lead to the creation of 113 new full-time jobs within the local economy and lever in an additional £18.3 million of private-sector investment.  The development site will bring new labour and families to the local area to sustain existing services and business, generating the need/potential for other services to be located in the area, such as healthcare and schools.  The range of facilities will also continue to enhance the popularity of the local area as a place to live, by increasing the supply of good housing as well as the quality and mix of accommodation in terms of housing size, type and tenure responding to local needs.

The project forms the initial phase of a wider scheme to develop further land in the south-west part of Boston and deliver future phases of a proposed distributor road, as well as a second phase of mixed use development incorporating further housing, commercial development, a marina and community facilities.

The roundabout accessing the site has now been adopted by Lincolnshire County Council and works are nearing completion on the commercial and residential access roads with the cycle/pedestrian link to Tytton Lane East being completed in early 2019. The on-site distributor road is now also almost complete.

Contact neil.kempster@chestnuthomes.co.uk or 07740 410229 for further information