Project summary
- Planning consultancy advice provided to promote and obtain planning permission for 196 homes and over 11 hectares of employment land including hotel, pub/restaurant, retail and industrial
- Development agency advice provided on the disposal strategy in phases with allocations secured for phase 2 residential for approx 305 dwellings and phase 3 employment
- Phase 1 residential for 196 homes sold to Avant Homes
Solution
- Tailored advice provided to promote and obtain planning permission co-ordinating the project team of consultants and advisors
- Created and managed bespoke disposal strategy for the project to meet our client's objectives
- Negotiated overage in the sale of phase 1 to allow our client to benefit from future uplift in value
Benefits
- Generated substantial uplift in value for reinvestment by our client in Retford
- Achieved the client's objectives relating to financial return and legacy on phase 1 residential
- Overage triggered on phase 1 residential relating to affordable housing value resulting in a payment to our client
- Allocation secured in the local plan on phase 2 residential for approx 305 dwellings
