17 January 2014
Property company Telereal Trillium has secured a hat trick of planning consents within close succession of one another.
Over the last week, planning consents with an estimated combined GDV of £120m, have been achieved for:
- A mixed residential development at an 11-acre former Department of Work and Pensions site Otley Road, Lawnswood, Leeds. Outline planning has been secured for up to 112 residential units including two, three, four and five bedroomed houses, as well as a number of one and two bedroomed apartments, an element of which will be affordable housing.
Marketing of the site will commence shortly via Savills in Leeds.
- The redevelopment of a redundant BT telephone repeater station on Ashbridge Street, Westminster, London. The proposed scheme will provide 20 apartments including two on site affordable units and 20 car spaces in the existing basement.
Marketing of the site will commence shortly via DTZ.
- The regeneration of the 18 hectare Norcross site in Thornton Cleveleys, five miles north of Blackpool. The proposals include five hectares of residential development, a 45,000 sq ft supermarket, a sheltered housing scheme and 2.8 hectares of employment land.
GL Hearn Manchester are advising on the sale of the site.
Commenting on the planning successes, Mark Kelly, development and disposals director, Telereal Trillium said:
“We are delighted to have secured three significant planning consents in such quick succession. These developments will allow sites which have been disused or underused to be brought back into full use, providing much needed housing and other resources that will make a positive contribution to the local areas.
“We will now work with our agents to find suitable buyers or JV partners as appropriate.”