Up to 750 new homes could be build on greenfield land near Carlisle.
Chorley-based property company, Northern Trust, agreed a planning promotion deal with the private landowner on land at St Cuthbert’s Garden Village, in Carleton, Carlisle.
The land, which extends to 176 acres, is currently a green field site in agricultural use.
The plans for the site will be promoted in two separate phases.
David Jones, senior land manager at Northern Trust, said: “We are actively looking for further residential and commercial land opportunities to purchase or promote throughout the UK, so we are pleased to be working with this private landowner on facilitating the plans for development of this strategic site to provide much needed new homes for the area and continue the investment for the benefit of the local community.”
Northern Trust and the landowner are working alongside Savills’ planning and development teams in the North West to secure the planning and to agree a land deal, respectively.
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Ed Rooney, Savills’ North West development director, said: “The Carlisle housing market is a huge opportunity for North West house builders with the shortage of land elsewhere in the region.
“Carlisle is set for significant economic growth aided by the high quality housing and environment provided by the Garden Village and our client’s land at Carleton is a key part of the overall housing masterplan to the south of the city.”
Jonathan Ainley, associate director in the planning team at Savills in the North West, said: “We have worked on behalf of the landowner over the last five years to promote this site and now look forward to the next phase, working with Northern Trust to progress a Garden Village at Carleton in the short term.
“It forms part of the largest Garden Village in the country and we are confident it can deliver high quality new homes, with excellent public spaces and connectivity, whilst also supporting Carlisle City Council in its ambition to achieve economic growth.”
Northern Trust has a land bank of more than 5,000 acres.
By Neil Hodgson
Source: The Business Desk