County councils unveil developers shortlist for housing
Two county councils have unveiled the shortlist for a pioneering £1 billion residential development partnership.
The move is thought to be the biggest initiative yet by county authorities seeking to set up as housing developers.
The initiative by Surrey and East Sussex councils would last for 15 years and targets 36 sites across both counties.
The shortlist comprises Taylor Wimpey, Places for People, Morgan Sandal, Willmott Partnership Homes and Telereal Trillium.
A partner is expected to be selected later this year to deliver the first phase of 2,000 homes.
Both councils are considering including land owned by other public sector bodies in the development programme under the government’s One Public Estate initiative. This is expected to put the value of potential development at £1 billion.
Cambridgeshire County Council was the first to unveil plans in 2015 to set up as a housing developer, with Durham also entering the market. Derbyshire County Council announced it had set up a development company last month.
A round-up of planning news in Ireland: 21 April-28 April, 2017
A round-up of planning news in England: 21 April-28 April, 2017
A round-up of planning news in Northern Ireland: 21 April-28 April, 2017