27th Sep 2013 11:52
LONDON (Alliance News) - Property development, investing and trading company Development Securities PLC said Friday that it had secured resolution to grant outline planning consent for an extension to an 207 acre site in Norwich.
The company is working in a joint venture with Beyond Green Developments on a scheme to deliver a mixed-use community of 3,520 homes, 12,800 square metres of commercial space and up to 8,800 square metres of retail space, two primary schools, a hotel and landscaped public space.
The company said that the development will be delivered in phases across the next 15 to 20 years. Shares in Development Securities were trading down 1% at 195.00 pence Friday morning.
By Hana Stewart-Smith; [email protected]; @HanaSSAllNews
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