Landowners advised by Carter Jonas have completed a development agreement with St Modwen to take forward the delivery of a 227 acre strategic development site at Crab Hill in Wantage, South Oxfordshire.
In 2012 Carter Jonas negotiated a promotion agreement with Lands Improvement Holdings and then, acting as lead planning consultant, obtained outline planning permission in July 2015 for a scheme of up to 1,500 homes, a new primary school, a neighbourhood centre including pub/restaurant and local retail accommodation, sports pitches, employment space and community amenities set around a central park. Carter Jonas subsequently offered the site for sale on the open market before identifying St Modwen as a development partner for the landowners and negotiating the development agreement.
St. Modwen will now implement the infrastructure works associated with this extensive project and deliver up to half of the 1,500 new homes through its housebuilding arm, St. Modwen Homes. The rest of the development plots will be sold on the open market to other housebuilders.
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