Land promoter and developer Jaynic has entered into a land promotion agreement with a landowner on a site in Bury St Edmunds, Suffolk.
The 270-acre plot lies on the south side of the A14 adjacent to Abbots Vale, a scheme that obtained planning consent in 2020 for 1,250 dwellings together with community facilities including a new primary school.
Following representation from Hazells Chartered Surveyors acting as advisers and agents for the landowner, the whole site has been identified in the West Suffolk Local Plan (Regulation 18) Preferred Options, in anticipation of a significant new residential-led mixed-use scheme.
Early site assessment indicates a capacity in excess of 1,800 new dwellings, together with associated facilities and employment opportunities. West Suffolk Council is due to adopt a new Local Plan in July 2024 and the scheme is likely to be delivered over this and subsequent Local Plan periods.
Jonathan Lloyd, director of Hazells said: “Acting on behalf of various local landowners we have successfully brought forward and sold two of the most significant residential development sites in Bury St Edmunds under the current local plan.
“This latest 270-acre site is a potential further extension to the strategic growth of Bury St Edmunds and our client was keen to ensure that it received the best planning and promotional assistance possible. The selection of Jaynic as Land Promoter fulfils these requirements to the full and we are delighted at their appointment.”
Andrew Anderson, director of Jaynic said: “We are delighted to have secured this agreement and equally pleased that Jaynic’s representations on behalf of the landowner have helped secure a draft allocation in the Council’s draft plan. We now look forward to engaging with all stakeholders to ensure that a sustainable new scheme can be delivered for the benefit of the town.
“The site sits adjacent to the Abbots Vale scheme, which received outline permission for a new residential-led development in 2020. Our site forms a natural progression to this and has the ability to help future proof the council’s housing land supply for many years to come.”
Image source: Jaynic
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