A building company which is contributing 236 jobs and £116.7 million to the local economy has praised the East Riding of Yorkshire Local Plan.
Barratt Developments hailed the plan as being both pioneering and an opportunity to address the housing shortage in the Pocklington area.
Having been approved to go-ahead this month, the plan is set to provide new opportunities for tackling the shortage of homes in the area.
Paul Newman, managing director at Barratt Developments Yorkshire East, which includes both the Barratt Homes and David Wilson Homes brands, said: “Buyers throughout Yorkshire have been struggling to both step on and move up the property ladder for years.
“A lack of suitable housing for the region has seen many families having to move away or indeed stay put.
“As only the third council in the region to implement a local plan, the East Riding can expect a major boost to its economy.
“Not only will individuals move out to the area from locations such as York – where homes are hard to come by –investments will also be made into local schools, highway systems and other community projects through Section 106 donations.
“In all, this means the area is set to welcome millions of pounds in investment. We already have sites launching in Anlaby, Hessle, Beverley and Pocklington delivering 236 jobs per annum and an economic impact of £116.7 million to the area throughout the duration of these schemes.”