Property developer Capital Land Property Group has secured planning permission from Swindon Borough Council for Great Stall East, part of the New Eastern Villages (NEV) development in the eastern side of the town.
Founded in 2014 by Swindon developer Jeremy Francis, Capital Land will deliver a minimum of 1,550 homes along with a primary and secondary school within the Great Stall East development.
There will be a selection of two, three, four and five bedroom private and, according to Capital Land Property, ‘affordable’ homes.
Francis said: “I am Swindon born and raised and my family roots here date back three generations. In fact, the whole Capital team has an emotional attachment to the town, so the news that we have secured planning permission after years of meticulous preparation is tremendously satisfying.
“Not only will we build some great homes for people to live in, our plans show that we will create a genuine ‘village’ community, with all the local amenities you would expect in a thriving location and the kind of expansive green spaces families of all ages will appreciate.
“I take pride in all my projects, but being able to contribute to Swindon’s growing reputation as a residential and business hub is extra special.”
He added that securing planning permission for Great Stall East is the result of several years of detailed technical and design work, and follows meetings with Swindon Council as well as a public consultation.
Francis added: “We are talking about an investment of over £400 million, so this is a really significant project for the town’s future.”
This post has originally been featured in Property Wire.