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By Jamey Bowles, CEO at Your Home Property
Once best-known for its famous lemon-topped ice cream and long walks across the unbroken golden beaches, Redcar is fast becoming the UK’s hive of innovation – attracting outside investment to support its boom in industry and tourism. With over 20,000 jobs estimated to be created by 2041 and a staggering £1 billion generated for the local economy each year – how do property developers create rooted communities for a thriving coastal town spearheading the UK’s innovative industries?
Once the global leader in steel production, Redcar has developed a world-leading infrastructure which is able to support global organisations, across the vast range of new industries, heading to our East Coast. From EV manufacturing to biologics, clean energy supplies and advanced manufacturing, these newly skilled workforces are setting up homes in our much-loved Teeside town and it’s our duty to ensure they are part of our community.
The property development industry has taken a bashing in recent years – but with a strong movement across the sector to deliver the very best in ethical and sustainable property development, the industry is pivotal in the creation of new towns and cities. Ethical property developers, like Your Home Property, that are part of any regeneration project – does so fully aware of the responsibility it has for the quality of life of the local community and its economic outlook.
By breathing new life into derelict and abandoned buildings, property values are increased, and businesses and investments are drawn to the areas with a sense of new hope and aspiration for the community.
Your Home Group is one of several property-developing companies transforming Redcar. By the end of 2013, we will have invested over £3 million this year into the redevelopment of buildings and its workforce.
As a result, Redcar is seeing a growth in high-quality, affordable housing for its residents that want to live here, often with their growing families, and to be part of this great, innovative, and inspiring community. Properties have also been developed to support the transient corporate need to accommodate industry visitors to the region. By supporting industries coming to the region with access to high quality accommodation, in areas with accessible and wide-ranging amenities – we are ensuring the circle of regeneration and investment continues.
The best communities have roots – a sense of belonging and pride. After all, every person’s home is their castle. As a property developer in Redcar, I will continue to develop the town with residents to ensure we create a connected community. One that is welcoming and open to new opportunities.
People need to have the security and feel safe to thrive and grow alongside their home town – otherwise, what is the point?
