17th Jul 2006 07:00
Barratt Developments PLC17 July 2006 17 July 2006 Harlow Gateway Barratt acquires major M11 corridor site for a new £100m community English Partnerships, the national regeneration agency, has chosen Barratt tobuild over 500 homes at Harlow, Essex - one of the key towns in the M11corridor. The 27-acre site lies on the northen edge of the town centre and is known as'Harlow Gateway' due to its outstanding position alongside the main A414 road toChelmsford and close to Harlow's mainline railway station. The land, which is redundant sports ground, was acquired from EnglishPartnerships with outline planning consent for 530 homes worth around £100m.Barratt has now submitted an application to Harlow District Council for thefirst phase of building. Barratt Group Chief Executive David Pretty said: "This is an outstandingacquisition for us, paving the way for a complete new community in one of themost convenient towns in the South East. It enables us to do what we do best -recycle disused land into high-quality homes in an area of great demand. "Harlow is in the heart of the M11 corridor, which the Government has identifiedas a target area for housing expansion in the South East. Our Harlow Gatewayregeneration will show that much of this vital new homes development can be doneon recycled, redundant land, making it a great economic and social asset to thetown." Steve Collins, Senior Regeneration Manager for English Partnerships, said: "TheHarlow Gateway development will be a significant catalyst for futureregeneration and investment in Harlow and will help to create a vibrant newcommunity in this growing town." Barratt is working with Essex-based Grafik Architects Ltd to create a range ofhouses and apartments to stylish contemporary designs specific to the HarlowGateway site, which borders Fifth Avenue at Burnt Mill. A public consultation programme will get under way shortly and the company hopesto be in a position to launch the first phase of the development at the annualHarlow Town Show in September, which it is sponsoring.In recent years, Barratt has played an important role in the planned growth ofHarlow, which is less than a hour from London by road and rail and is animportant commuter town. As well as making major contributions to the larger-scale developments on theeastern side of town, such as Church Langley and Newhall - where the company'scontemporary townhouses won a number of design awards - Barratt recentlycompleted City Links, a development of 84 apartments on recycled railway land.Currently underway is Prospect Royal, a development of 91 one and two bedroomapartments close to Old Harlow. ENDS Further information (media only): Group Press Officer Robert Barlow 01440 783636 [email protected] This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Barratt Developments