Inland Homes PLC Major Planning Application Approval (8640O)
13 Octubre 2021 - 01:00AM
UK Regulatory
TIDMINL
RNS Number : 8640O
Inland Homes PLC
13 October 2021
13 October 2021
Inland Homes plc
("Inland Homes", "Group" or "Company")
Major Planning Application Approval
Inland Homes plc, the brownfield developer and housebuilder
focused on building residentially led developments for direct sale
or on behalf of partner organisations, today announces that it has
received a resolution to grant planning permission, subject to the
signing of a Section 106 agreement, for a residentially led,
mixed-use scheme of 380 homes plus 930sqm of flexible commercial
space at Dagenham Dock, Dagenham.
The Company worked closely with the Local Authority in
developing its plans for the site, which is strategically important
for the Borough. The development will provide a new gateway to the
area and will act as a catalyst for the regeneration of South
Dagenham.
Of the 380 homes to be delivered, 103 will be offered as
affordable, delivering much needed additional housing to the
Borough. All homes will have private amenity space and 51% of the
total site area is to be landscaped or created as a nature
corridor. The Company will also create an attractive new public
square, and regenerate and undertake highway improvements to land
north of Dagenham Dock Railway Station. This land lies adjacent to
Dagenham Dock so once completed, the highways works and new square
will create a welcoming arrival to the new neighbourhood and
Dagenham Dock Railway Station.
A Section 106 planning agreement will be signed by the parties
as soon as possible, and construction is anticipated to commence on
site in 2022. This is an attractive location for Build to Rent
operators and Housing Associations, and a decision on whether the
project will be delivered by Inland Homes directly or via a
partnership contract will be announced in due course.
This is the second scheme Inland Homes has received approval for
in the Borough, with 325 units at Merrielands currently under
construction through Inland Partnerships on behalf of Clarion
Housing Group. The Company has also submitted two further planning
applications, for 364 units plus circa 2,500sqm of commercial space
across two sites. A decision on these two applications is
anticipated in early 2022.
Chief Executive Stephen Wicks commented:
"We are delighted to have received planning approval for this
important scheme which is set not only to deliver much needed new
homes to the Borough but act as a catalyst for the regeneration of
the whole of South Dagenham.
"Inland has worked closely with the Borough and local landowners
on our plans for the site and the approval - in less than one year
since our first pre-application discussions - demonstrates Inland's
skill and expertise in securing planning consent on key brownfield
sites.
"We look forward to working with the Borough on the delivery of
the strategically important Dagenham Dock development as well as
further schemes in the area."
Enquiries
Inland Homes plc: Tel: +44 (0)1494 762450
Stephen Wicks, Chief Executive
Nishith Malde, Finance Director
Gary Skinner, Managing Director
Panmure Gordon (UK) Limited Tel: +44 (0)20 7886 2500
Dominic Morley
Erik Anderson
Instinctif Partners Tel: +44 (0)20 7457 2020
Tim McCall
Galyna Kulachek
Bryn Woodward
This announcement contains inside information for the purposes
of Article 7 of Regulation (EU) No 596/2014 as it forms part of UK
domestic law by virtue of the European Union (Withdrawal) Act 2018
("MAR").
Notes to Editors:
Incorporated in the UK in 2005, Inland Homes plc is an AIM
listed specialist housebuilder and brownfield developer, dedicated
to achieving excellence in sustainability and design.
Inland Homes acquires brownfield land in the South and
South-East of England principally for residentially led development
schemes. The business then enhances the land value by obtaining
planning permission, before building open market and affordable
homes or selling surplus consented land to other developers to
generate cash.
The Company is committed to extensive public and community
consultation in order to ensure that, where possible, local
community needs and objectives are met.
Inland's aim is to create sustainable communities and homes
which set a benchmark for all future developments in the South and
South East of England. The Company is always looking for brownfield
sites without planning permission for future development.
For further information, please visit the Inland Homes website
at: www.inlandhomes.co.uk
Hugg Homes - www.hugghomes.co.uk
Rosewood Housing - www.rosewoodhousing.co.uk
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END
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