PLANS for 6000 new homes for Welborne Village are now under public consultation.
The application for Welborne Garden Village includes plans to make 600 affordable homes, schools, district shopping centres, a business park and health facilities.
Buckland Development Limited (BDL) have applied to construct the homes near junction 10 of M27.
The junction is also set for improvements works to allow motorists to leave at Welborne as well as roundabouts along the A32 to provide access into the development near Fareham.
Plans had previously been approved in October 2019, as previously reported.
However, an agreement was not signed as funding was uncertain.
£25m in funding for the scheme from the Solent Local Enterprise Partnership expired last year as it was not used in time.
Now, BDL has now double its originally pledged to £40m towards the £75m cost of the junction 10 improvements.
The Government has also increased its contribution to £30m for the scheme.
It could take up to 30 years to complete the development.
A public consultation on the revisions has now started and will run until January 25.
Executive Leader of Fareham Borough Council, Councillor Seán Woodward, said: “I am very pleased that after extensive negotiations with BDL and the government we are now on the brink of having the funding in place for the redevelopment of junction 10 of the M27, a key enabler for the Welborne Garden Village.
"If the application is approved later this month there are still a number of hurdles to overcome before work can begin. This is, however, a very significant and important step forward in the Welborne Garden Village delivery which will provide 6,000 much needed new homes, nearly 6,000 jobs as well as hundreds of millions of pounds worth of infrastructure such as schools, roads, open spaces, shopping and community facilities.
“It has been a long and hard road to get to this point however it does seem that we are to expect a start on Welborne this year.”
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