Barberry Group has announced it has completed the sale of a 48-acre site in Swindon, Wiltshire, to a joint venture between house builders Vistry Group and Bellway Homes.
Barberry secured outline planning consent at Redlands Farm, Wanborough, in May last year for 370 dwellings, including 74 affordable homes, as part of the New Eastern Villages (NEV) urban extension.
Construction of housing is expected to start on site later this year following the sale, for an undisclosed sum.
The development will also deliver a two-form entry primary school, local shop, and a contribution of £5.23m towards secondary schooling, health care, community and sports facilities in the NEV. There will be an additional contribution of £3.44m towards local highways improvements.
Martyn Cartwright, group director at Barberry, said: “We are delighted to have brought forward the initial phase of development within the New Eastern Villages urban extension which will bring a much-needed boost to the shortfall in Swindon’s housing supply, delivering a range of affordable and market housing.
“The NEV has been a cornerstone of the borough council’s adopted plan, and the recent closure of the airfield at Redlands, in anticipation of the development commencing, has been a testament to the authority’s vision.”
Martyn Cartwright said: “The successful completion of the Cyber Central land deal will lead to significant investment and create new jobs in the region
“The strategic land team at Barberry devoted significant resources to reach a successful conclusion so it is very satisfying to see the proposed development enter the next stage, led by Cheltenham Borough Council and the Cyber Central partnership.”