Location
Promotion and delivery of a sustainable urban extensionProject summary
- Advised multiple land owning clients on development potential
- Acted on behalf of consortium and gave advice regarding entry into an Option Agreement
- Planning monitoring throughout the term of the Option to ensure compliance by the developer with their contractual obligations
- Price negotiation on behalf of clients in the sale to the Option holding housebuilder of land delivering 750 dwellings a care village and a local centre retail scheme
- Following completion of sale, retained by the housebuilder to sub-sell a residential development parcel, the care and retail elements of the Sustainable Urban Extension
Solution
- Provided expert advice on the development potential
- Created, managed and gave expert advice on the tender of the site to strategic partners
- Negotiated the best commercial terms whilst considering each individual client’s particular needs
- Closely monitored the planning progress of the site throughout the Option term
- Diligently negotiated the purchase price with the Option holder to ensure the maximum return for our client
- Appointed a well-resourced team to service the all instructions within the project
Benefits
- Sale value maximised
- Delivery of much needed dwellings in a sustainable manner
- A large, potentially complex instruction managed effectively
