Commuter belt development unveiled by HDD
Henry Davidson Developments (HDD) has acquired a Buckinghamshire site for development of homes and other facilities ideally located for London commuters, the company announced today.
HDD managing director Scott Davidson said the firm has acquired the 1 acre site, at Haddenham, unconditionally from Lands Improvement Holdings (LIH), with bridge funding from Falco Capital.
Subject to planning consent, HDD plans to develop the site to provide 17 high quality two-bedroom apartments, a Co-op convenience store, and a Bright Horizons Nursery and Preschool.
The site forms part of a 158-acre (64-hectare) mixed-use development by LIH, which is set to deliver up to 233 new homes (including affordable housing) for the Buckinghamshire village. The plans, which were approved by Aylesbury Vale District Council in 2015, also include a 12-acre (5-hectare) extension to the existing Haddenham Business Park, a new community pavilion and sports pitches, open space and a 64-bedroom care home, to be operated by Majesticare Luxury Care Homes
Scott said: “We’re an ambitious company and we’ve got a pipeline of exciting developments right across the country. We have acquired the Haddenham site unconditionally which demonstrates that we are confident we can deliver a high quality development that addresses the needs of local people.
“Being so near to Haddenham & Thame Parkway train station, the homes will be very attractive to commuters who will be well served by regular trains into London’s Marylebone. It is ideally located on the Buckinghamshire and Oxfordshire border.”
James Stone, Managing Director at Lands Improvement, said: “This is another major step forward in the sustainable, mixed-used regeneration of our site at Haddenham. HDD have a proven track record of developing similar schemes and the new retail and nursery facilities they will deliver will benefit the existing Haddenham community, as well as the new residents and businesses our development is attracting to the area.”
A planning application will be submitted shortly. Subject to planning, HDD expects to start on site at the end of Q3 2018, with practical completion in Q3 2019. Scott added: “The site benefits from an existing planning consent and we are keen to get construction underway before the end of the year.”