UK housebuilder Inland Homes said on Wednesday that it has submitted planning application for 1,853 homes and over 18,000 m2 of commercial space at the 30-acre Cheshunt Lakeside regeneration project in Broxbourne, Hertfordshire, near London.
The site, which has a gross development value in the region of £650 mln (€742 mln), represents Inland Homes' largest and most ambitious project to date.
The outline application includes the delivery of a two-form primary school, community space and a number of infrastructure improvements, including a bus connection to Cheshunt Rail Station and new pedestrian, cycle, public transport and vehicular routes.
Inland Homes acquired the original 13-acre site, which included Tesco’s former HQ, by way of a 50/50 joint venture with a third party in July 2016 and has since assumed control of a number of additional parcels of land which form part of this application.
Stephen Wicks, CEO of Inland Homes, commented: 'This is a major milestone for Inland Homes, at what will be one of the South East’s major regeneration schemes.'
