The development is part of the £1.3 billion Lincolnshire Lakes development, the largest residential led regeneration scheme in the north of England. Overall, the project will see six new villages created on the outskirts of Scunthorpe.
The development includes creating a new business park, a football stadium, over 7,000 new homes, and leisure facilities including recreational lakes and artificial beaches, shopping centres, schools, cafes, pubs, hotels and restaurants.
Infrastructure improvements will also be carried out to existing roads including two new junctions.
Due to the size of the programme, planning applications have been submitted by two companies, KMG Lucent Fund and Maltgrade. The four applications recently approved by the council were lodged by KMG Lucent Fund.
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A further three applications from Maltgrade will be considered by the local authority on 27 July. These include 2,500 new homes, a new southern M181 roundabout and a east to west link road.
Council Leader Liz Redfern said: "Today's decision signifies a major milestone and I am pleased that we are now at the stage where we will soon start to see work take place to create this fantastic vision that will make a huge difference to people's lives.
"Lincolnshire Lakes is a large-scale development that will totally transform and regenerate the area – creating thousands of jobs and business opportunities, new homes, plus a top tourist destination that will host regional and national sports events."
Kevin Mudd, Chief Executive Officer, KMG Lucent Fund, added: "We are pleased that North Lincolnshire Council has given the go-ahead for this huge project.
"We are very keen to get to work on the Lincolnshire Lakes project which will transform this part of North Lincolnshire. It will provide much needed housing, infrastructure improvements and leisure facilities both for those already living locally and for those attracted here by the opportunities generated by the South Humber Gateway. We are also very pleased to be playing our part in Scunthorpe United's exciting plans for a new stadium."
(LM/CD)
