Ion sells 22 acres of developable land to construction firm
Liverpool property developer, Ion, has announced the sale of Earlsfield Park land to a West Yorkshire construction firm following completion of infrastructure works, for an undisclosed sum.
Situated on Knowsley Lane near junction two of the M57, directly south of the Knowsley Estate, Earlsfield Park is set to provide circa 22 acres of net developable employment land alongside 3.8 acres of land allocated for leisure, retail and services.
Ion has sold the freehold of the site to Marshall CDP, based in Elland, West Yorkshire, following the delivery of extensive infrastructure works.
Ion’s works included highway improvements to Knowsley Lane – comprising a new cycle route, a traffic signal-controlled junction to access the site, a sustainable urban drainage system, an estate road to service development plots, landscaping and a primary substation.
Bellway’s Earlsfield Park housing development, which formed part of the original planning consent for the Knowsley Lane Sustainable Urban Extension, is also delivering 154 homes.
Ion Developments began working on the scheme in 2017, preparing the masterplan in partnership with Knowsley Council as part of its Sustainable Urban Extension green belt release programme.
The residential part of the scheme is under way and Eurogarages is nearing completion of its petrol filling station and drive-thru coffee shop.
Under a separate deal, Marshall CDP has acquired the pub and hotel plot.
Steve Parry, Ion Development managing director, said: ‘We are delighted to announce the completion of the Earlsfield Park Infrastructure works and the sale of 22 acres of development land to Marshall CDP.
“Its prominent gateway location makes it a perfect sustainable choice for a prestigious employment park. Marshall CDP are well set to turn this vision into a reality – with an excellent track record in high quality construction.”
He added: “With the sale of Earlsfield, Ion will continue to concentrate our efforts on city centre and residential schemes, with a determination to create zero carbon developments and focus on modern methods of construction.
“We have just completed i9 in Wolverhampton – and continue to work on the Festival Gardens, which we intend to make the most sustainable example of its type in the North West.”