A new town development in Devon has been granted approval for the first phase to go ahead…
Building work is set to start on the first phase of a new town development in Devon after planning permission was granted by South Hams District Council and Plymouth City Council.
The first phase of work will comprise of 580 new homes in Sherford, near Plymouth. The development, which will be constructed by Red Tree, will eventually include 5,500 properties.
Red Tree, the project founder, will work with a consortium of developers including Taylor Wimpey, Linden Homes and Bovis Homes to deliver the development.
It is expected the project will take around 15 years to complete and will see more than £1bn spent on the scheme. Around £32m investment for the project has been provided by the Homes and Communities Agency.
CMYK (Planning and Design) is expected to lead the design of the first properties on the site.
The new development in Sherford will be the fifth large-scale site the government has accelerated since August 2014. Plans for the development date back to the 1990s.
