Hundreds of much-needed new homes are coming to Lichfield, Staffordshire, after the Secretary of State gave the green light to a major new planning proposal by IM Land, part of locally based property company, IM Properties (IMP).
Believed to be one of the first major residential and mixed use appeal decisions by Sajid Javid post publication of the government’s new Housing White Paper, IM Land’s scheme meets all the requirements of the Housing White Paper for utlising suitable available land, outside of the Green Belt to meet council’s housing objectives.
The decision means the Coleshill based developer can now take forward its plan to create a sustainable new community on 60 acres of agricultural land, near Curborough, north-east of Lichfield.
This will comprise 750 homes of which circa. 233 will be affordable, a primary school, care village, retail units, a community centre, playing fields and public open space.
IM Land’s strategic land director, Jonathan Dyke, said he was extremely satisfied with the decision.
“This is nearly three years of extremely hard work and significant resources to get to the point where we can deliver a scheme which will have a positive impact on the area.
“There is still a lot of discussion ahead with Lichfield regarding the detail of the design and exact mix of homes, however a balanced mix of properties will be delivered to satisfy the huge demand for new homes in the region.”
Jonathan Dyke added “As a team, IM Land is particularly skilled in its ability to unlock more challenging sites and we have the financial backing to see complex planning applications such as these through to fruition, when others may have had to walk away.
“We believe the proposals will create a genuine community, with the playing fields, the public open space, and the care village to enable local people to thrive and support economic growth in the region.
“There are still a lot of discussion ahead with Lichfield regarding the detailed design of the scheme, but we are going in with an open mind about what we can do for them, and the people in this area, to enhance their infrastructure.”
Lichfield is the third major planning decision for IMP and IM Land, which has been achieved in the region in the past six months. Successful outline planning has been secured for new sustainable communities in Solihull and Stratford Upon Avon, which combined, will create an additional 1750 new homes and associated community facilities.
IM Land was launched by Coleshill based IMP, in response to the national acute housing shortage and identifies, acquires and promotes new residential and mixed-use sites.
IMP, which has traded successfully across the industrial, office, residential and retail sectors for almost 30 years, has an asset portfolio of nearly £1 billion (and for the first time in 2015, recorded profits exceeding £100 million (£103.1m).