Northern Trust is pleased to confirm that they have completed the sale of a 76 acre site to Vistry Group, facilitating the delivery of 450 homes in Telford.
Northern Trust entered into a promotion agreement with the landowners in 2013 following which the site, located within the open countryside to the east of Telford, has been subject to an extensive planning strategy, resulting in the grant of outline planning permission in November 2017 for up to 450 new homes, retail floor space, a public house, open space and associated landscaping.
Northern Trust and Vistry have since worked collaboratively on the reserved matters application and the discharge of relevant conditions, with Vistry securing reserved matters planning permission for 450 dwellings in March 2021.