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Developers Lagan Homes said over 1,000 homes are set to be built on the 96 acre Millmount Village site on the Comber Road, reports The Belfast Telegraph. The land was formerly owned by Taggart Holdings, the high profile property company which collapsed last year amid huge debts.
Work is expected to begin on the first phase of development in coming months once planning permission is confirmed, with 150 homes due for completion in summer 2010.