Braidwater Group welcomes £11m funding boost to unlock 2,500 homes in Derry

The Braidwater Group has welcomed the announcement of an £11 million funding boost from the Department for Infrastructure.

The funding will ensure that wastewater treatment and capacity requirements are available for the delivery of the Cashel project — a development which, once completed, will provide nearly 2,500 new homes.

Infrastructure Minister Liz Kimmins made the announcement during a visit to the Cashel site, where she toured the ongoing construction works and received a comprehensive briefing on the scale and ambition of the project, which is set to become one of the largest of its kind in Europe.

Patrick McGinnis, Founder of The Braidwater Group, said: “We’ve been working hard for several years to find a solution to the wastewater infrastructure challenges at The Cashel, so I warmly welcome today’s announcement from the Infrastructure Minister. The focus now must be on the next steps and ensuring work can be progressed at pace so that much-needed housing can be delivered without further delay.”

When complete, the Cashel project will include almost 2,500 private, affordable and social homes, along with communal facilities, a network of green spaces, shops and essential local services. A busy high street and central park will bring the development together, creating a well-connected and convenient place to live.

It will also be delivered with a carbon conscience in mind, meaning all efforts to reduce emissions associated with the development are being considered. There will also be vast tree planting activity and associated biodiversity projects delivered throughout the lifetime of the project.

PICTURED ABOVE: Pictured at the Infrastructure Minister’s announcement at The Cashel construction site in Derry are (L-R): Liam Hannaway, Board Member, Apex Housing Association; Ciara Ferguson, MLA for Foyle; Patrick McGinnis, Founder, Braidwater Group; Infrastructure Minister, Liz Kimmins MLA; Barry Kerr, Director of Development, Apex Housing Association; Sheena McCallion, Chief Executive, Apex Housing Association; and Ryan Boyle, Chief Operating Officer, Braidwater Group.