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Tesco to build 4,000 new homes

Supermarket giant Tesco is planning to use the majority of its unused sites in England to develop in the region of 4,000 new homes at a cost of around £1bn, it has been revealed.

The plan is the biggest housebuilding project ever announced by the supermarket and comes following accusations that the company is hoarding land that could support up to 15,000 new homes.

An investigation by a major UK newspaper found that the retailer was sitting on 310 sites that are not currently occupied by a Tesco store.

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Tesco to build new homes in Gateshead

Tesco's development arm Spenhill has submitted a planning application for the regeneration of Gateshead's Trinity Square, which include the construction of new homes for students in the area.

Plans for the project also include a new town square, shops, a student village, a hotel, office space, town centre parking and of course, a Tesco superstore.