Bournemouth Build-to-Rent Scheme Given Permission

24 May 2021 | Finance, General

Summix Capital and Evolve Estates have secured planning consent for a major new Build-to-Rent scheme in Bournemouth town centre following approval by BCP Council’s Planning Committee.

The proposals would see the delivery of 211 high-quality new homes available for rent alongside new commercial facilities, retail space and landscaping improvements on land adjacent to the Richmond Gardens Car Park.

The site is in a highly sustainable location benefiting from close proximity to shops and services, employment opportunities and public transport links. The proposals also include the provision of 362 cycle spaces and car club parking to encourage sustainable travel.

The 211 new homes on site will provide a range of housing sizes to cater for demand in the local area from young professionals right through to growing families.

Stuart Black, development director for Summix Capital, said: “We’re pleased our proposals to redevelop the Richmond Gardens site with much-needed new homes have been approved by BCP Council.”

Last year, Summix Capital and Evolve Estates also received planning approval for a student scheme on the site. This approval includes the delivery of purpose-built student accommodation for 625 students as well as a range of spaces for local businesses.

This post has originally been featured in Property Wire.