A significant advancement was made in a Central Bedfordshire housing and community project when the land set aside for the project’s initial phase was sold.
The sale represents a significant milestone in the realisation of a new project that will include homes, community centres, retail spaces, and commercial spaces.
In a deal agreed by the development team at Savills Cambridge, Miller Homes South Midlands has purchased a 15.54-acre plot at Chase Farm in Arlesey from Central Bedfordshire Council and TT Group, the project’s promoters. The acquisition’s financial specifics are still unknown.
With outline planning permission granted, the sold land is ready to accommodate the construction of up to 200 homes. This is the start of a larger development plan that will see 950 homes built at Chase Farm. TT Group was granted outline planning permission for this project back in 2018.
In addition to emphasising residential housing, the development plan seeks to offer a wide range of amenities. After construction is finished, the neighbourhood will have access to a hotel, a medical facility, a primary school, a care facility with 80 beds, a large amount of retail space, employment opportunities, and recreational and community facilities.
These promote a lively and welcoming community and include sports fields, bike and walking paths, and kid-friendly play areas.
William Newton, an associate director at Savills Cambridge, said ‘With permission to create a thriving new community, Chase Farm represents a unique opportunity to deliver a high quality development with an emphasis on design and placemaking.’
‘We had strong interest in the site from regional and national house builders and are delighted to have agreed a deal with Miller Homes, which signals the start of an important housing development that will significantly contribute to the supply of sustainable new homes in the local area.’
Miller Homes’ Gavin Jones and TT Group’s Jonny Pitts both expressed their excitement for the project. The significance of the development for Bedfordshire was emphasised, as was their dedication to building a new community in Arlesey with a mix of private and affordable housing, as well as contemporary, energy-efficient residences and cutting-edge amenities.
This sale, along with the next development, represents a substantial investment in housing and community infrastructure in Central Bedfordshire, which should improve the area’s sustainability.
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