Development company P3Eco has expressed interest in creating proposals for an eco settlement at Cherwell District Council's promoted site to the north west of Bicester.

Devised as an alternative to the eco town proposed for Weston Otmoor, the NW Bicester site will provide 5,000 high specification eco homes and 5,000 jobs for local people if the Government decides it should go ahead.

Government guidelines insist eco developments provide environmentally friendly homes, using less water and fossil fuels than standard homes. The developments must also have a transport strategy which helps reduce car use, and provide employment opportunities.

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P3Eco Ltd is a newly formed company created to fund and facilitate eco developments throughout the UK. P3Eco has established a consortium of well respected partners to work on the NW Bicester project, including masterplanning architect Sir Terry Farrell, internationally renowned British engineers Arup, Eco2H2O - whose eco house design featured prominently at the recent national Grand Designs exhibition - and A2Dominion, a housing association with a strong presence in Oxfordshire. This consortium has begun to develop its proposals for an eco settlement on the site within the context of an eco-led regeneration of Bicester as a whole.

The initial proposals are currently being considered by the Government for inclusion in the eco town framework.

(CD/JM)