Lands Growth, a strategic land building corporations, has obtained the freehold to a 551-acre website online at Dunton Hills in Essex, along an choice settlement for an extra 6.47 acres.
The acquisition makes Lands Growth the grasp developer to ship Dunton Hills lawn village, a proposed agreement of three,700 properties with a gross building price of £480m.
The website online used to be obtained from Industrial Estates Workforce (CEG).
Lands Growth now plans to place in enabling infrastructure and promote serviced land to house-builders and builders in 5 levels over a 12-year duration. The improvement is ready to incorporate a village centre with healthcare provision, neighborhood makes use of and a public sq. along new number one and secondary colleges.
The website online is to the east of the village of West Horndon within the Brentwood district of Essex.
Lands Growth’s plan for Dunton Hills replicates its manner on the 5,000-home building at Linmere in Bedfordshire, the place the company could also be grasp developer.
Managing director James Stone stated: “Dunton Hills lawn village marks a very powerful acquisition for Lands Growth in a space with a restricted provide of recent properties and consented land in spite of sturdy marketplace call for. Taking at the grasp developer function, we stay up for securing is of the same opinion and turning in the considerable and wide-ranging infrastructure required to toughen this new neighborhood, from inexperienced areas and roads to key neighborhood amenities and fostering the neighborhood control consider that can sooner or later take at the stewardship of the lawn village for generations to return”.
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