Legal agreements have been signed allowing a Brackley housing development to progress several years after councillors had their say on the principle of the 1,000 new homes.
Members of the South Northants Council’s planning committee gave outline permission for the Radstone Fields development to the north of the town in May 2011.
This week, SNC officers announced the necessary legal agreements had been signed that will see £16 million ploughed into the community, with £1.2 million spent on improvements to Brackley town centre and the Buckingham Road industrial estate, alongside contributions to education, leisure facilities and allotments.
Councillor Rebecca Breese, SNC’s portfolio holder for planning and environment, said: “The council has worked hard with Barratt Homes and Taylor Wimpey to ensure this scheme will deliver significant benefits for the community.
“We have also worked closely with Brackley Town Council to ensure their aspirations for the site have been incorporated into the scheme.”
Brackley Mayor, Peter Rawlinson, said: “This is a great day for Brackley as we see the first step in the delivery of the Masterplan. This will bring significant benefits to the whole town over the coming years.
Full planning applications will now be submitted with specific designs for the development and there will be public consultations on those as they are submitted.
If approved then it is believed construction could start later this year.