04
December
2007
|
00:00
Europe/London

CBRE Takes Lead Role in Urban Brownfield Regeneration Development

CB Richard Ellis’ Central Southern Development Department continues to lead the way in advising its landowner and developer clients on both disposal and acquisition mandates of major brownfield redevelopment sites across the South.

Assistant Development Surveyor, James Shelley comments:
“Government is continuing to encourage brownfield regeneration and CBRE promotes and supports many projects throughout the Region. We work with some of the South’s leading housebuilders and developers promoting and bringing forward sites that would benefit from redevelopment. In addition, we advise some of the largest landowners on best practice when they are looking to dispose of surplus property assets.

Examples of some of our current Development Consultancy work include:

o Gales Brewery, Horndean – advising Fuller Smith & Turner PLC on this major Village centre regeneration project,
o Bramley, Basingstoke – mixed use redevelopment site
o Andover Town centre – regeneration
o Woking Football Club – enabling development and regeneration


In recent months the team has advised on a number key development transactions, which included:

Disposal mandates

o Tilebourne, Michelmersh – Bargate Homes and Banner Homes joint venture scheme for a rare rural brownfield regeneration site nr. Romsey with planning consent for the construction of 30 homes including a number of high specification executive detached houses.

o Holybourne - former depot and Machinery sales/wokshop premises nr Alton sold on behalf of landowner clients to Linden Homes for a comprehensive mixed-use redevelopment scheme.

o Swaythling Offices, Portswood – procurement of an outline planning permission for 4 town houses and 21 flats and disposal of former administration office and day centre on behalf of the NHS to Cranbourne Homes & Apartments Ltd.

o Lymington Hospital, Lymington – disposal of site to Galliford Try for redevelopment to comprise 41 detached 3, 4 and 5 bedroom homes on the former hospital site on behalf of NHS.

Acquisition mandates:

o East Park Terrace, Southampton - acquired for Imperial Property Company who plan a comprehensive mixed-use redevelopment of this important town centre site which has now received planning consent

o New College Campus, Southampton – acquisition on behalf of Linden Homes for a comprehensive redevelopment to provide approximately 290 residential units and in excess of 50,000 sq ft of office accommodation on the former university campus. Planning consent has just been granted for this prestigious landmark site.