Park land sold for housing
A DEVELOPER has snapped up a chunk of green belt at Alderley Park for housing.
Developer PH Homes has bought the first piece of land at the Nether Alderley site for a luxury housing scheme.
The Cheadle-based company is planning a £60m development of 74 prestigious family homes designed by architect Robert Adam.
PH Homes acquired the land from Bruntwood and Manchester Science Partnerships (MSP), owners of the site which has been developed as a science park since pharmaceutical firm AstraZaneca announced it’s moving most of its operations out.
The scheme is the first phase of housing of a £160m masterplan which will see up to 275 homes, sports and leisure facilities, hotel and farm shop.
It was given the go-ahead in February, despite the 400 acre site being in then green belt.
Chris Oglesby, Bruntwood CEO and MSP chairman, called it the ‘most attractive residential development site outside the South East’, adding: “The contrast between the beautiful and peaceful parkland setting and the world class science at Alderley Park is there to be enjoyed.
“We are building a community that balances old and new, science and nature, work and play.”