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WATES DEVELOPMENTS CREDENTIALS · year at Felbridge, Hungerford and in Windsor. New home sales...

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WATES DEVELOPMENTS CREDENTIALS 2020 CREATING TOMORROW TOGETHER wates.co.uk/wates-developments St Albans, Hertfordshire
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Page 1: WATES DEVELOPMENTS CREDENTIALS · year at Felbridge, Hungerford and in Windsor. New home sales through house builder joint ventures amounted to 493 across 14 live sites. Looking ahead

WAT

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CRE

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CREATING TOMORROW TOGETHER wates.co.uk/wates-developments

St Albans, Hertfordshire

Page 2: WATES DEVELOPMENTS CREDENTIALS · year at Felbridge, Hungerford and in Windsor. New home sales through house builder joint ventures amounted to 493 across 14 live sites. Looking ahead

W A T E S D E V E L O P M E N T S C R E D E N T I A L S3,600

3,000potential homes newly allocated to Local Plans

NEW HOMES

ACRESOF PRIVATE LAND in ownership/control

65 sites at all stages of planning

15,000

3,000£121mcapital invested

15 SITES CURRENTLY IN JOINT VENTURES WITH HOUSE BUILDER PARTNERS

in active joint ventures

OV

ER

representing over

with a further

493 new home sales through house builder joint ventures

Wates Developments specialises in land, planning and residential development throughout the South of England, with a large and growing portfolio of potential residential development land. The business focuses on securing land and delivering planning consents in sustainable town and country locations, in areas of high demand.

Wates Developments generated value across all areas of its operation in 2019, despite a challenging planning environment. It has now built a portfolio of over 65 sites at all stages of planning, representing over 15,000 homes together with a further 3,000 homes in active joint ventures with partners.

In 2019, this expertise enabled important consents over the year with over 3,000 potential homes sites newly allocated into Local Plans.

There was continued success in the land market, with important sales during the year at Felbridge, Hungerford and in Windsor. New home sales through house builder joint ventures amounted to 493 across 14 live sites.

Looking ahead to 2020, the business anticipates selling homes in joint ventures across 15 active sites.

The year will also see increase in planning opportunities capable of gaining consents with key sites in Bicester, Ford, Basingstoke, Buckingham, Tenterden and Oakley, amongst others.

Wates Developments

For more info go to wates.co.uk/ wates-developments

Beaumont Park, Ringwood

Page 3: WATES DEVELOPMENTS CREDENTIALS · year at Felbridge, Hungerford and in Windsor. New home sales through house builder joint ventures amounted to 493 across 14 live sites. Looking ahead

C A S E S T U DY: WAT E S D E V E L O P M E N T S

Ringwood, Hampshire Wates Developments’ scheme at Ringwood in Hampshire is a great example of an integrated planning approach can delivered a truly mixed- use development meeting the needs of families, the elderly and local businesses alike.

Wates collaborated with local planning officials in Ringwood to bring forward an inventive, enhanced scheme that includes care home and business space to boost local employment.

The location – a desirable area close to the New Forest National Park and just 12 miles from Bournemouth’s award-winning beaches – is one with significant housing need. An efficient re-modelling of the layout has also led to increased housing numbers, now up from 174 to 195 homes.

In addition, a range of significant community benefits have been integrated into the development including:

• a children’s adventure playground and an animal play park

• 1.6 acres of allotments, and

• 9.38 acres of informal open space and SANG* land within the scheme.

Additional uses have also been created, including:

• 1.5 hectares of land for industrial and commercial employment units

• Land for a 70+ bed nursing home

The final phase of the development is now being built out.

*Suitable Alternative Natural Greenspace

C A S E S T U DY: WAT E S D E V E L O P M E N T S

Walberton, West SussexThe development of a range of new homes and community benefits at a site in Walberton, West Sussex, is an example of what is achievable in planning and development terms with the right engagement from all stakeholders.

Working closely with Arun District and Walberton Parish Councils, Wates Developments created an attractive development of 175 new homes, which was unanimously consented by the Arun Planning Committee at a local level only 12 months after we had entered into a Land Promotion Agreement with a local

landowner. The site did not have previous development plan status, making the success truly exceptional.

The land was acquired into a joint venture between Wates Developments and Linden Homes in 2018, with all reserved matters approved in April 2019 and work on site commencing during the summer.

Community amenities created by this scheme include 11 acres of open space incorporating play areas, allotments, community orchard, a new tennis club for the Parish Council, significant transport

improvements to the A27, upgrading local footpaths, pedestrian crossing points and contributions towards upgrading the Walberton Village Hall, a Sports Pavilion and village car park.

The first residents are due to move into the traditionally designed two-, three- and four-bedroom homes at ‘Avisford Grange’ in 2020. The scheme includes 56 affordable homes for local people.

Walberton, West Sussex

W A T E S D E V E L O P M E N T S C R E D E N T I A L S

“ The Wates Group takes very seriously its responsibilities to be a good corporate citizen, to pay our taxes and to contribute to social value via our activities in the communities where we work. We are economic multipliers, guided by our purpose of working together to inspire better ways of creating the places, communities and businesses of tomorrow.”

Creating tomorrow together

Sir James Wates CBE Chairman

Bracklesham Bay – The Beeches

Ford - Neighbourhood planning

Kennel Farm – Longacre - Basingstoke

Southwater – Mulberry Fields

Lindfield – Heathwood Park

The Frythe at Wilshere Park – Welwyn

Page 4: WATES DEVELOPMENTS CREDENTIALS · year at Felbridge, Hungerford and in Windsor. New home sales through house builder joint ventures amounted to 493 across 14 live sites. Looking ahead

Tel: 01372 861000 wates.co.uk/wates-developments

Selling land? Please contact

[email protected] | 01372 861 099

David Brocklebank Group Managing Director,

Wates Residential Developments Group

David Bowen Finance Director, Wates Residential

Developments Group

Natalie Flint Residential Investment Director,

Wates Residential Developments Group

Meryl Baker Projects Director,

Wates Developments

Matt Tunley Land Director,

Wates Developments

David Law Development Director, Wates Developments

Contacts


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