Need to know: St Modwen sells Essex site

Developer St Modwen has sold a development site in Essex to its own housebuilding arm.

A visualisation of the finished Station Hill development
A visualisation of the finished Station Hill development

St Modwen Homes recently secured detailed planning permission for 230 homes in South Ockendon, representing the final two phases of development at the four-hectare former Ford Motor Company plant site. St Modwen acquired the plant in 2006, and has since remediated the site and installed infrastructure to facilitate delivery of 650 homes. Earlier phases were sold to Persimmon Homes and Bellway.

Bolton Council has bought the Crompton Place shopping centre for £14.8m as part of its town centre regeneration plans. The council said the 26,000 sq m centre, which is home to 46 retail units plus office space and a 285-space car park, will continue to operate as usual, but is likely to be redeveloped in the long term. Council leader Linda Thomas said the deal was "fundamental to support the regeneration and transformation of our town centre".

Lincoln MGT has bought the Station Hill site in Reading town centre, home to one of the UK’s largest development projects outside London. The 6.5-acre site was acquired from Sackville Developments and has outline planning permission for 86,000 sq m of offices, 14,000 sq m of retail and around 475 homes. Lincoln MGT is a joint venture between the US developer Lincoln Property Company and UK-based MGT Investment Management.

GVA has been appointed as lead consultant on the Tunbridge Wells Civic Development Project. The Allies & Morrison-designed scheme was granted planning permission in May and comprises a 5,500 sq m office and civic building, a 1200-seat theatre, a 260-space underground car park and a public square. GVA will advise on planning, development, compulsory purchase and project management. Senior director Chris Dumas said the project would "help to reinvigorate the cultural life of the town".

London Community Land Trust has been chosen to build around 70 affordable homes on two publicly-owned sites in the capital. The trust emerged as the successful bidder to develop sites owned by Transport for London in Tower Hamlets and Lambeth as part of mayor Sadiq Khan’s ‘Small Sites, Small Builders’ initiative. Khan said: "Making small plots of public land available for housing development is a key part of addressing London’s housing shortage."


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