St. Modwen sells latest phase of residential development land at Kingsgrove
Date of Article
Mar 25 2021
Sector
Planning & Development

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James Bainbridge
FRICS
Chairman
01865 404437 email me about James
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James is Chairman of Carter Jonas.  Formerly Head of the Planning & Development Division, James advises clients on proposed development projects throughout the south of England with nearly 30 years of experience in residential and mixed use development.  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 option, promotion and other development agreements, joint ventures and landowner equalisation 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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Delivering the vision of a diverse 1,500 home new community, Kingsgrove in Wantage reaches another key milestone as St. Modwen and Crabhill Developments sell the latest parcel of residential land to Bellway Homes.

This triggers the start of the next phase of residential development at the 227-acre scheme, where St. Modwen is the master developer working closely with landowner Crabhill Developments and our development professionals, who advised on the sale.


Following a competitive tender process, leading housebuilder Bellway Homes has been selected to develop Phase 3b, which will comprise 121 homes including 45 affordable units. It sits at the eastern edge of the residential development and represents a second phase on site for the housebuilder.

Infrastructure for the services and access roads for the site are well progressed and Bellway will target a start on site in October this year.

James Bainbridge, Chairman, said: This is the sixth residential parcel sold by the landowners at Kingsgrove and will significantly increase the rate of delivery of much needed new homes in the area. It demonstrates the confidence, strength and depth of the residential development market in Oxfordshire despite current COVID-19 restrictions.