Scheme’s final phase to start after sale of residential development land

The final phase of theGateford Park development in Worksop, Nottinghamshire is to go ahead following the sale of 25 acres of residential development land.

Led by Savills development team on behalf of the seller, Lands Improvement, 300 homes are planned for the third and final phase of the development, which has been sold to Barratt David Wilson Homes.

Following its successful application for outline planning permission in May 2015 for up to 750 homes at the site, Lands Improvement worked with the Savills Nottingham development team to select house builders for all three phases of the development.

The first two phases are on site being built by Barratt Homes, David Wilson Homes and Jones Homes, who committed to building 152, 98 and 168 homes respectively.

Following the success of the site, Barratt David Wilson has now completed on the purchase of the final parcel of land, with work expected to start this month.

James Stone, managing director at Lands Improvement, said: “The sale of the final phase of development brings the fulfilment of Lands Improvement’s vison for Gateford Park that much closer.

“As long-term investors in the area, we have worked very closely with local stakeholders and our housebuilder partners to ensure collective and effective placemaking is at the heart of this development. Once completed, Gateford Park will provide local people and new residents a choice of high quality homes and create a whole new community for Worksop and this part of Nottinghamshire.”

Ann Taylor and Andrew Galloway, directors in the Savills Nottingham development team worked with Lands Improvement to select the latest housebuilder for the site.

Taylor said: “This sale marks the final stage in the much anticipated creation of a high quality gateway community in north Nottinghamshire. We were looking for partners to share in this vision and deliver an exemplar housing scheme, in addition to valuing and embracing the holistic placemaking across the scheme. After previous success on the site, the sale to Barratt David Wilson Homes completes the final part of the jigsaw and builds on their status as a key developer partner for housing delivery across the site.”