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Grantham Southern Quadrant

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Grantham Southern Quadrant Project Promoters: Buckminster Estates, Grantham Lincolnshire County Council, South Kesteven District Council Southern Quadrant Scale: Lincolnshire £200m+ GDV Sector: Opportunity Mixed use of Housing and Retail An opportunity to shape the delivery of the project at an early stage, with a range of direct developer Location: and investment options including development Grantham, Lincolnshire partner/investor and forward funding for identified occupiers. Investment Type: Development partner/investor; An ambitious project to deliver a high quality, forward funding for identified sustainable development of new homes, employment occupiers and retail space stretching from the A1 eastwards around the southern side of the town of Grantham. The Planning Status: opportunity is focussed on the new Garden Village of Allocated in the local plan Spitalgate Heath, one of only fourteen designated by the Government, and a Designer Outlet Village which has www.southkesteven.gov.uk recently been approved through planning. Overview With planning permissions for the employment land and construction of the road infrastructure having been granted Background and decisions to grant consent for the retail Grantham is the largest town in South space and residential properties in place the Kesteven District and is a sub-regionally development opportunities are becoming significant centre with excellent transport immediately investable. links to London and Nottingham. The Existing schemes are in the final stages Southern Quadrant to the south of the of the planning process with further site town is the largest of the development allocations coming forward through the sites identified in the Councils Core South Kesteven Local Plan creating longer Strategy. term investment opportunities The development of the Southern Quadrant The approximate number of units for each will deliver a sustainable new community in phase is: a high quality landscape setting, providing much needed new homes and jobs whilst • Phase 1: 1,212 homes including contributing to the wider regeneration of c. 250 homes in phase 1A Grantham Town centre. • Phase 2: 1,221 homes The Grantham Southern Quadrant is • Phase 3: 1,266 homes just 1 hour from London by rail and has In terms of employment space, the promoter direct connection to the A1 Trunk Road expects that 3,500 sqm will be taken up and and onwards to the national motorway developed annually. network. These connections open up a large catchment area for housing demand from Project Promoter and Partnerships across the East Midlands, South Yorkshire The project is promoted by Buckminster and Cambridgeshire. Estates, a land-holding trust that is circa 400 years old, together with a Project Description public sector consortium comprising The essential highway infrastructure Lincolnshire County Council, South linking the A1 to the A52 is being Kesteven District Council, Greater delivered by Lincolnshire County Lincolnshire LEP and Homes England. Council funded by the Local Enterprise Advisors for the project include Partnership, the County Council and Mills and Reeve, legal and Strutt and developer contributions and opens the Parker, property. way for initial development of a 25 acres designer retail outlet village, 3,700 new houses and in excess of 139,355 sqm of employment space. Grantham.
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