With its new residents helping to support the town’s businesses while also creating hundreds of new jobs regionally, Gilston Park Estate will boost Bishop’s Stortford’s local economy.
Boosting the local economy
Gilston Park Estate will see thousands of new residents supporting the local economy in Bishop’s Stortford as the retail offering in Jackson Square and local markets will attract the new residents to the town and increase footfall. More local customers will also make smaller local shops viable, as well as attracting new tenants to the area and encouraging investment.
Thousands of new jobs for residents
Thousands of new jobs will be created during construction and in the new schools, nurseries, health centres, neighbourhood shops and offices which will form part of Gilston Park Estate. Apprenticeships and training opportunities for residents of East Hertfordshire and Harlow will also be available.
Gilston Park Estate will be self-sufficient in terms of its community facilities such as schools, healthcare centres, nurseries and community centres, so the new homes will not put pressure on existing services in Bishop’s Stortford. In turn, the town will be able to benefit from the development’s new infrastructure, as well as the strategic improvements delivered by the highway authorities such as the planned improvements to the M11. This will improve the connectivity of East Herts with London, as well as helping to ease congestion for motorists returning north to Bishop’s Stortford.
Green Belt protection
Gilston Park Estate will help preserve the future character of Bishop’s Stortford by delivering around 44% (8,500 homes) of East Herts’ total housing need. This means less pressure to build new homes elsewhere and saving local Green Belt land from further development.
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