Red Lodge, Suffolk

JAYNIC identified the opportunity to bring a 10 acre gateway site previously allocated for employment uses into beneficial use and pursued a change of use from employment to residential.

Project

Location Suffolk
Project Residential Land Promotion
GDV circa £25m
Status Track Record

Status

TRACK RECORD

Land sold to Barratt Eastern Counties July 2017.
View Press Release »

Planning permission for 125 homes secured Mar 2017. View Press Release »

Overview

Following extensive pre-application discussions, local engagement and the production of an 'Economic Report', we submitted an outline planning application for 125 residential units and 30% affordable housing.

Outcome / Achievements

Having proven the shortcomings of the historic employment allocation, the local authority amended the site's draft local plan allocation from employment to residential use and granted planning permission in April 2017.

Following a competitive tender process, the land was sold to Barratt Eastern Counties in July 2017.

Feedback

"JAYNIC instructed Savills to market a consented residential development site which they had successfully promoted through the planning process. It was clear that their professional and thorough approach to the promotion had produced an attractive and deliverable planning permission. Their proactive nature, depth of knowledge and ability to optimise the opportunity both technical and commercially has undoubtedly contributed to maximum value being obtained."

Abigail Jones
Associate, Development, Savills (Cambridge)