Compendium Living is delighted to have been chosen by Newark and Sherwood District Council to develop a multi million pound partnership scheme in Yorke Drive, Newark.
The Council chose Compendium Living’s joint venture shareholder Lovell Partnerships Limited, who will deliver the project through Compendium Living. In partnership with the Council, Compendium Living will provide 320 brand new, mixed tenure homes on the Yorke Drive Estate.
The Council did extensive consultation with local residents over several years, to produce a masterplan to transform Yorke Drive. As a result, the scheme will include a new sports pavilion and playing fields and a new access road. There will also be improvements to the road network and the environment to create a safer, better place to live.
Work has already begun on finalising contracts and moving towards a start on site next year. Firstly, this will include early investigative works on site in the near future, and continued community engagement. We and the Council will also have to adapt ways of engaging with residents to support social distancing restrictions.
Dave Bullock, Managing Director for Compendium Living, said: “We are delighted that Newark & Sherwood District Council selected us for this project.
We look forward to working in partnership with the Council and community to deliver the vision for Yorke Drive. Compendium Living are already working closely with the Council to get ready for a start on site next year. We are therefore keen to introduce ourselves to residents as soon as possible.”
Councillor Tim Wendels, Chairman of Newark and Sherwood District Council’s Homes and Communities Committee, said, “This is a major regeneration project that will transform the Yorke Drive and Lincoln Road playing fields area and is a key priority for the Council, enjoying cross-party support.
“The appointment of Compendium Living follows wide-ranging consultation with local stakeholders. The focus is on making the area a better place to live with enhanced housing, an improved environment and better recreation facilities.”