The cost of delivering the housing element will be in the region of £80m. Cherwell District Council gave developer P3Eco and housing association A2Dominion the planning go-head last August but had to agreed final details of the mixed-use zero carbon village.
The decision unlocks £6m in Homes and Communities Agency funding needed to help deliver 119 "affordable" houses as part of this phase of development. NW Bicester Eco Development will be one of the biggest housing developments constructed to Level 5 of the Code for Sustainable Homes in the UK so far. This exceeds the new standards set by the Government for housing in the designated eco-towns.
Each house will have high standards of water efficiency, exceptional levels of insulation in walls, windows and roofs and make use of photovoltaic panels and district heating systems. Tim Carpenter, managing director of Willmott Dixon, said: “The whole housing industry will be watching and learning from this exciting project as we work with A2Dominion Group to develop sustainable homes that will help set a standard for how future housing can meet our carbon reduction commitments.