Hagan Homes Commences £13 Million Colemans Green Development in Coleraine

Strategic Insights -

Hagan Homes, one of Northern Ireland's largest homebuilders, has announced the start of construction on its new £13 million Colemans Green development on Burn Road, Coleraine. The project will deliver 84 new homes and create over 60 jobs during its three- to four-year construction period. The development represents a significant investment in Coleraine by Ballyclare-based company Hagan Homes, which has already delivered successful schemes in the area, including Mulberry and Salmon Leap. The first homes are scheduled for completion by summer 2026.

Key Takeaways:

  • The Colemans Green development will deliver 84 new homes, including 16 social housing apartments in partnership with Woven Housing Association.
  • The project will create over 60 jobs during its construction period, providing an important boost to the local economy.
  • The development will feature a range of apartments, semi-detached, and detached homes, with high-spec interiors, contemporary fittings, integrated appliances, and sustainable features designed to reduce energy costs and enhance comfort.
  • Home prices will range from £100,000 to £180,000.
  • The show home is scheduled to open in May/June 2026, with the first homeowners expected to move in later that summer.
  • The development has been thoughtfully designed to offer homeowners the best of both worlds - a coastal lifestyle with strong town and city connections.
  • Hagan Homes has delivered more than 5,000 homes across Northern Ireland since its founding over 35 years ago.
  • The company's long-term commitment to the north coast region is demonstrated by its investment in Colemans Green and previous successful schemes in the area.

Statistics:

  • The Colemans Green development will have a total value of £13 million.
  • The project will create over 60 jobs during its construction period.
  • The development will deliver 84 new homes, including 16 social housing apartments.
  • Home prices will range from £100,000 to £180,000.
  • The show home is scheduled to open in May/June 2026.
  • The first homeowners are expected to move in later that summer.

Sources:

  • "Hagan Homes Commences £13 Million Colemans Green Development in Coleraine." _The News Letter_, 2023, https://www.newsletter.co.uk/business/were-delighted-to-see-our-long-term-partnership-with-ledcom-bearing-fruit-ps1million-refurbishment-of-bank-road-business-park-marks-major-milestone-5376298.