PROPOSALS to create around 1,000 homes in Aberdeen are set to bring in more than £11.5 million benefits to the city.
The Evening Express can today reveal a deal has now been struck between Aberdeen City Council and developers Hermiston Securities over the contributions the firm must give as part of plans to create 1,067 homes at Loirston.
It comes more than two years after the proposals were lodged, having been unveiled in June 2013.
And the agreement is expected to clear the way for work to begin on the houses, eight hectares of employment land, including commercial, leisure and office use, as well as community facilities, a primary school and recreational facilities.
As part of the agreed contributions, more than £4m will be given to Aberdeen’s strategic transport fund, which goes towards the development of major infrastructure around the city.
As well as this, £7.6m will be pledged to Aberdeen City Council to build a new primary school within the area.