News

Housing boost for district as 2.2 million Artigarvan scheme begins

Thursday, 16 February 2017

RIVERSIDE Building & Development Group - the promoters behind the landmark Three Rivers Project on the Strabane/Lifford border - has revealed it is on track to have housing projects worth over 12 million completed in the Strabane area by the end of next year.

The company has just announced the launch of the construction of a new housing scheme outside Strabane in Artigarvan. Currently construction is already well-underway on the new 20 houses, with the first homes expected to be ready for occupation by summer this year.

'Berryhill Gardens' is the fourth phase of the largest private housing construction programme to be undertaken in the Strabane area for over 20 years. By the time of completion of the ambitious programme in 2018 the group expects to have built 240 new homes in the area.

As well as providing some much-needed housing in the Strabane district the programme is also providing the local construction sector with a welcome financial boost.

The unveiling of this latest project follows on from the completion of the 40-unit 'Glenview Manor' development last June and the virtual sell-out of the entire 'Bracken Gate' and 'Bracken Hill' schemes currently being built in the Curleyhill area of Strabane town.

Niall McAteer, project director at Riverside Building & Development, told the Strabane Weekly News: "House building makes a significant economic contribution and the current schemes under construction by the Riverside Group are expected to provide the equivalent of 60 full time jobs for sub-contractors on site and in the supply chain.

"This new housing project, just off the Art Road, is a 2.2 million boost to the local economy. Relatively benign January weather has enabled construction work to get well underway and it is expected that the keys for the first occupants will be handed over in July."

With its prime location saddled between Strabane and Derry City, the multi-millon pound scheme is expected to attract considerable interest from home hunters throughout the North West.

"The commencement of the first phase of the nearby A5 dual carriageway later this year will provide homeowners with reduced journey times and fast and safer access to work, hospitals, colleges, commercial, leisure and other services and facilities all along the new 88-kilometre road from Derry to Aughnacloy.

"The new development aims to offer the best of country and town - the opportunity to live in a peaceful setting, but with all the conveniences and facilities needed for modern life available locally or within easy reach along the commuter belt to Derry, Strabane or Omagh," Mr McAteer added.

Newly built house prices in the Derry City area have been rising and comparable sized properties in the Strabane district currently offer great affordability with values in some cases cheaper by as much as 20 to 25 per cent, he explained.

News of the development is the latest boost for the Artigarvan area which has already benefitted from the recent 30 million investment by LacPatrick in its new state-of-the-art dairy processing plant which is expected to go into commercial production this spring.

"With work expected to begin shortly on the new 21.5 million Strabane Academy on the nearby Derry Road, economic activity levels look set to improve. Riverside is pleased to be part of this resurgence," the project director said.

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