Rotherham Sustainable Urban Extension - Cushman & Wakefield

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Rotherham Sustainable Urban Extension


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The Challenge

Rotherham Sustainable Urban Extension is a major mixed use development proposal on 226 ha (558 acres) of agricultural land. It is in two ownerships – Rotherham Metropolitan Borough Council and Fitzwilliam Wentworth Estates. Cushman & Wakefield was appointed through a joint commission with the land owners to advise on bringing forward the land for development. There were a myriad of interlinked challenges faced by the clients including getting the site released from its Greenbelt designation, overcoming viability constraints presented by upfront infrastructure costs and market frailties and identifying suitable delivery mechanisms that met both land owners’ requirements.

The Solution

  • Commercial input to development of masterplan
  • Financial modelling to determine viability, investment requirements and return to land owners
  • Viability study to support planning case for release from Greenbelt
  • Negotiations and representations to establish a favourable CIL and planning obligation strategy given the site’s unique infrastructure requirements
  • Delivery strategy including methods for procuring a commercial partner
  • Advice on land owner collaboration and equalisation arrangements

The Results

Our advice helped to secure the release of the land from Greenbelt and confirm its status as a ‘strategic allocation’ in the Rotherham Local Plan for 2,475 homes and 11 hectares of employment land. Our viability work helped to establish a site specific CIL tariff that was substantially below the rates in the surrounding area to balance the effects of the higher on-site infrastructure requirements. Our delivery strategy has established a means of implementation that both land owners are now executing and we are retained to assist with this process.

Contact

Stephen Miles

Partner

Leeds, United Kingdom

Phone +44 113 233 7471

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