Plans for hundreds of new homes in Bedlington are set to be unveiled at a drop in event.
North east estate agents and surveyors GSC Grays is leading on the development which could to provide up to 500 dwellings, including family and affordable homes on land to the north of The Chesters.
The £59.6m investment could create could create more 150 jobs, generate New Homes Bonus payments of over £4m and boost Council Tax revenues by £740,000 a year.
Consultancy firm Nathaniel Lichfield & Partners (NLP) to handling the planning process on its behalf.
Michael Hepburn, senior director at NLP, said: “It is proposed that the development will comprise approximately 500 new homes including associated infrastructure, open spaces, access and parking.
“The development will feature a range of attractive houses with a mix of type and tenure to meet local needs providing a genuine choice for all ages of existing and new residents.”
Mr Hepburn added: “Northumberland County Council aims to deliver 24,320 new dwellings between 2011 and 2031. Within the South East Northumberland Delivery Area, the requirement is set out as 12,840 dwellings across this period.
“This proposed development is therefore wholly in line with the strategy which wants to accommodate most growth in main town such as Bedlington.”
If approved by the county council the development may well produce a financial boost to local schools and GP surgeries.
The drop-in event will be held at Bedlington Salvation Army Centre, Hartford Road West, Bedlington, on Wednesday, November 16, between 3pm and 7pm.
As well as NLP representatives from GSC Grays project team will be available to discuss the proposals and answer any questions.