Major planning progress at site north of Norwich

27th September 2013

Development Securities and Beyond Green Developments secure Resolution to Grant outline planning consent for significant, 3,520 home mixed-use scheme north of Norwich

Development Securities in joint venture with Beyond Green Developments today announces that it has secured Resolution to Grant outline planning consent for a major sustainable urban extension on a 207-acre site at North Sprowston and Old Catton, Norwich. The scheme will deliver a comprehensive new mixed-use community comprising up to 3,520 homes, 16,800 sq. m. of commercial space, up to 8,800 sq. m. of retail space, two primary schools, a hotel and extensive landscaped public space.

Development Securities and Beyond Green Developments entered into a ten-year promotion agreement with a consortium of landowners to bring forward this complex planning application in 2010. The consented scheme will deliver a key element of the Greater Norwich Development Partnership's plans for 37,000 new homes across its area by 2026 and forms part of Broadland District Council's proposed 'Growth Triangle', which will deliver at least 7,000 new homes by 2026 rising to 10,000 after 2031.

The development will be delivered in phases over the next 15 to 20 years with a start on site anticipated in late 2015 for the first phase of residential-led development comprising 590 new homes.

For further information, please contact:

Matthew Weiner/Lucy Grimble, Development Securities PLC

020 7828 4777