Cushman & Wakefield brings to market one of largest regeneration sites in UK - Cushman & Wakefield

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Cushman & Wakefield brings to market one of largest regeneration sites in UK

  • Priors Hall Park in Northamptonshire has outline planning consent for 5,095 homes
  • Site the size of City of London will also deliver major infrastructure

Cushman & Wakefield has brought to the market a 1,000 acre strategic residential site located to the north east of Corby, Northamptonshire.

The site known as Priors Hall Park has outline planning consent for 5,095 new homes and comprises one of the largest regeneration sites in the UK with the potential to enhance further.

Arranged over three zones, substantial words have already been completed in Zone 1 with 70% of the plots sold or under offer, demonstrating the significant demand for serviced land parcels with the benefit of planning.

The planning consent includes the provision of new infrastructure and road network, three primary schools, a neighbourhood centre, community zone and numerous play areas supporting a high-quality living environment to ultimately provide accommodation for in the region of 15,000 residents.

Michael Cutteridge, Senior Director at Cushman & Wakefield, commented: “This is an exceptional development opportunity in a growth location where extensive works have already been undertaken thereby resulting in the scheme delivering early and sustainable cash receipts from the national regional housebuilders on site.

“We are of the view that Priors Hall Park will deliver an outstanding environment benefiting from strong transport links within a sector of the housing market which is witnessing huge demand. It is rare for a site the size of the City of London to be available ‘oven ready’ complete with planning and the provision of major infrastructure.”

Cushman & Wakefield is acting on behalf Bela Partnership Limited.