Further to obtaining an option on 174 acres to the south of Newton St Boswells in the Scottish Borders, Elphinstone purchased the land on the 4th April 2008.
Elphinstone looks forward to developing a masterplan for the site, which has been included in the local plan by Scottish Borders Council, in cooperation with the local community and the Council. The provision of some 500 houses will help to meet the ever increasing need for housing in the Borders, including affordable housing and will help to improve and regenerate the village itself.
Elphinstone Chief Executive Ken Ross said, "We are looking forward to engaging with the local community and the Council to ensure that this development will be one of high quality, sustainable housing which will meet the needs and aspirations of housebuyers and the local community."