26 June 2014
Telereal Trillium, advised by planning consultants Iceni Projects, have secured a resolution to grant planning for 84 residential units in Hertford town centre.
The existing 55,000 sq ft office building has been occupied by various government departments since the 1970s. It is unique in that the basement acted as one of four regional nuclear bunkers constructed during the Cold War. The basement will be retained within the new scheme for car parking.
Telereal Trillium has worked closely with East Herts District Council for the past 18 months to ensure that a high quality development is delivered on this strategically important site.
Wider benefits of the development include street scene improvements to the neighbouring Pegs Lane, enhancements to the Gascoigne Way underpass and 6 affordable housing units.
Designed by Sutters Partnership, the scheme will provide a mix of 1, 2 and 3 bedroom units, overlooking a new courtyard.
The location of the property within the attractive commuter town in the South-East fits with Telereal Trillium’s strategy to help meet the UK’s housing demand and maximise value on the estate.
The site, adjacent to the town centre further provides good transport links, allowing new residents to easily access shopping and leisure opportunities, helping to boost the local economy.
Senior Development Manager, Jonny Pitts said: “We are very excited about taking this project forward into the delivery stage. Hertford is well located to benefit from the continuing rise in house prices in the South East. We look forward to delivering a high quality scheme, whilst providing wider benefits and homes to the local community”.
In cooperation with Savills, Telereal Trillium are now looking to procure a development partner as it enters the next stage of regenerating this important site.