St Modwen lands 1.55m sq ft Wellingborough development deal
Bovis Homes and St Modwen have signed an agreement which appoints St Modwen as Bovis Homes’ commercial development partner at Stanton Cross, Wellingborough.
The collaboration will bring forward up to 1.55m sq ft of commercial space across all non-residential land at Stanton Cross, equating to around 108 acres (44 hectares).
The £900m development has outline consent for a mix of commercial uses including industrial and distribution, offices, retail and leisure.
The development, which is being delivered by Bovis Homes, will be the largest growth Wellingborough has seen since the 1960s and will include 3,650 homes and create in excess of 3,000 jobs.
Located to the east of Wellingborough Station, the development will also provide new local centres and shops and major improvements to roads and public transport including a new, state of the art transport hub centred on the upgraded railway station, a country park, schools, and a doctor’s surgery.
Work on new infrastructure to serve Stanton Cross is already underway, including two new roads and two new bridges across the Midland Mainline and River Ise, as well as improvements to Wellingborough Railway Station by Network Rail. The first residential phase for 379 homes received detailed planning consent in October 2015 and is due to start on site this year.
Rupert Wood, regional director for the Northern Home Counties at St Modwen said: “We’re pleased to be working with Bovis Homes on what is a hugely exciting scheme for Wellingborough and the wider area. It is a major project for our growing Northern Home Counties region and will provide a significant development pipeline in an area which is seeing economic growth.”
John Lougher, Bovis Homes Group land director responsible for Stanton Cross, said: “We are delighted to bring St. Modwen on board to deliver the major new commercial facilities at Stanton Cross. We look forward to working alongside the St. Modwen team and creating vital new leisure, retail and office space for the area.”##
Stanton Cross will take around 15 years to complete.
