Seale Hayne, Newton Abbott
Allocated within Teignbridge there is a Local Plan for 1,200 homes, commercial development a new primary school and open space. Prior to the allocation within the Local Plan the key holdings were sold to a mixed group of purchasers who came together under an agreement with one of the landowners leading the development process as promoter. After an initial success with the allocation the complexity of the project led to the need for substantial skill and expertise that the company was able to bring in. Bloor subsequently acquired the promotion company and thus the consortium documentation from the project lead along with some freehold interests. At the same time separate option agreements were secured over the balance of the land within the allocation.
The company is now making the required investments in promotion and utilising our signiďŹ cant in-house expertise to take the site through to a planning application. Bloor is now actively promoting the balance of the land for a further signiďŹ cant extension to the current mixed-use scheme as part of the Greater Exeter Strategic Plan.
The increase in homes will benefit the local community in terms of further facilities, high quality housing and employment opportunities but will also deliver further returns for the land owners in years to come. 160 hectares 1,200 new homes Summer 2018 planning submission planning permission build start anticipated completion