Harworth Estates has completed its seventh phased residential land sale at its flagship Waverley development in Rotherham to Harron Homes.
The acquisition, which is Harron’s third at Waverley, will enable it to build 81 further family homes on the 740-acre site, which has outline planning consent for nearly 4,000 new homes.
This brings the number of residential plots purchased by housebuilders at Waverley to 571. Around 300 of these new homes are already completed or under construction by three national and regional housebuilders – Harron, Taylor Wimpey and Barratt – with more than 250 now occupied over the past two years.
Waverley this year has seen the completion of a new estate road and services for the residential development, which open up further land, following the receipt of a £10.95 million local infrastructure loan from the Homes & Communities Agency. Marston’s also opened a new pub, the Winter Green, in July after a four-month build-out.
Duncan Armstrong-Payne, Development Manager of Waverley for Harworth Estates, said “I am thrilled to extend our relationship with Harron at Waverley. The huge amount of work we and our partners, such as Harron, have completed in 2014 has brought our vision for the scheme to life, and we look forward to welcoming more residents here in 2015 and beyond”.
Kevin Chapman, Land Manager of Harron Homes, said “We already enjoy an excellent working relationship with Harworth Estates and we have been impressed with how Waverley has developed as a community over the past two years. Purchasing another phase of development therefore makes total sense for the company”.
Jacquie Boulton, Development Manager of the Homes & Communities Agency, added “We’re pleased that the loan that we provided has been put to such effective use and that development continues apace at Waverley to provide the new jobs and homes that local people need”.
Waverley is Yorkshire’s largest-ever mixed-use brownfield development, set over 740 acres in Rotherham. Waverley will be home to a new community of 4,000 homes along with shops, restaurants, schools, leisure and community facilities and parks by 2030. It is also already home to the nationally-significant Advanced Manufacturing Park (AMP), where more than 40 companies, including world-leading employers such as Rolls-Royce and Boeing, and the University of Sheffield are creating cutting-edge products used in aerospace, Formula One and Olympic sports among other industries.
The development of the AMP has also continued apace. Harworth announced last month that they had practically completed Units 3 and 4 of R-evolution on behalf of Rotherham MBC – 52,000 sq. ft of space that is Yorkshire’s first speculative commercial development since the downturn. Sales of Plots 1 and 2 of R-evolution have also taken place to Maher and Nikken Kosakusho as part of both companies expansion.