Carter Jonas sells major residential development site at North Abingdon
Date of Article
Dec 12 2018
Sector
Planning & Development

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@ James Bainbridge
James Bainbridge
FRICS
Partner - Head of Planning and Development Division
01865 404437 email me about James
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James is Head of the Planning and Development at Carter Jonas and is based out of our London and Oxford offices. James advises clients on proposed development projects throughout the south of England. He has over 20 years experience in residential and mixed use development acting for private, corporate, institutional, charity and public sector clients. This includes site identification, project management of planning and development strategies, valuation and viability appraisals, marketing and sale of development opportunities. He has specific expertise in options, promotion agreements, joint ventures and landowner agreements. James has been involved in sites ranging from new settlements to city centre regeneration and smaller provincial and rural schemes, and also provides expert witness and independent expert valuation services for dispute resolution.

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On behalf of the landowners and their promoter CEG, Carter Jonas are pleased to confirm completion of the first sale of development land in the proposed new 950 home community at North Abingdon in Oxfordshire.

Following a competitive tender, David Wilson Homes has acquired a 31.15 acre (12.20 hectare) parcel of land on which it will be developing 425 new homes at the western end of the scheme.  As part of its development, David Wilson Homes will also be delivering primary infrastructure to enable sales of sites in the new local centre for a pub, care home and retail units and further residential parcels in due course.

Having advised one of the landowners on collaboration with two neighbouring landowners and negotiated a promotion agreement with CEG, Carter Jonas obtained outline planning permission for the development scheme site in December 2017 from the Vale of White Horse District Council completing the S106 Agreement just before the introduction of CIL.

The overall scheme comprises residential development of up to 900 new dwellings and 50 retirement homes together with a local centre, including a new primary school, community hub, care homes, children's nursery, public house/restaurant, retail and other services, public open space, recreation areas and sports pitches (including sports pavilion and multi-use games area) play areas, acoustic bund with fencing, and associated infrastructure including roads, sewers and attenuation ponds.

James Bainbridge, Head of Planning & Development at Carter Jonas, commented: “We are delighted to have been involved from the outset in promoting the site at North Abingdon for release from the Greenbelt and obtaining planning permission for our clients.  With that in place, there was strong interest from the housebuilding industry for three initial parcels of residential development land that we offered for sale, and it became clear relatively early on that all three parcels would be acquired by a single purchaser.  This first sale of land for development has also opened the way for further sales of commercial land within the local centre.”

For further information please contact:

James Bainbridge
Partner
01865 404437
james.bainbridge@carterjonas.co.uk

North Abingdon

North Abingdon