Wain Estates has concluded the sale of a 15-acre residential site as part of its long-term plan for the redevelopment and regeneration of the former Shell Refinery site in Trafford, Greater Manchester.
The Meadow, on Manchester Road, which has outline planning consent, has been acquired by Anwyl Homes Lancashire following a competitive tender process, jointly marketed by Colliers and JLL.
The site forms part of the planned Carrington Village, a sustainable community of homes built around a village hub. The wider New Carrington project extends to circa 2,000 acres and is one of the UK’s largest regeneration schemes, proposing to deliver 6,000 homes and new community facilities together with four million sq. ft. of commercial accommodation.
Wain Homes has already commenced The Place, a development of 277 homes at the eastern edge of the Village, with the first phase release of 33 properties all sold.
Wain Estates development director, Jack Brister, said: “The land sale is part of our strategy to deliver a mixed-use new community at Carrington working alongside other developers who share our ambition to create genuinely sustainable places of quality and interest.”
“We have invested significantly in infrastructure and remediation and it is exciting to see projects progress as we move forward with the wider Carrington vision.”
John Grime, managing director for Anwyl Homes Lancashire, said: “The redevelopment of the Carrington Estate is a landmark project and one that Anwyl was keen to be involved in. The vision for Carrington Village is of a vibrant new community and we’re looking forward to playing our part to work alongside Wain Estates in the regeneration scheme by building new homes on The Meadow as part of the wider new neighbourhood.”
“The Meadow benefits from a prominent location, within an area where demand is proven and there’s a continued short supply of new homes. The acquisition will assist with our targeted push to expand into the Manchester city region and deliver much-needed new build homes in the area. All parties worked hard to get this over the line for our respective year ends and credit must also be given to Shoosmiths and Wain Estates’ in-house legal team.”
The Meadow is the second Greater Manchester site acquired by Anwyl Homes Lancashire as part of its expansion plans, having already secured land in Heywood where the homebuilder is set to deliver 120 new homes.
“Our plan for The Meadow is for a development of up to 160 dwellings which includes both private and affordable homes, in a choice of two, three and four-bedroom styles,” John added. “Subject to planning, we anticipate starting work on-site in the summer and to release the first homes at The Meadow later next year.
Along with new build homes, Anwyl’s proposals include public open space with play areas within a landscaped setting. The housebuilder will also deliver a package of investment to support the growth of the new community, including more than £235,000 for primary education facilities, plus contributions towards a travel plan coordinator and the community infrastructure levy.
Source: Show House News
