Deal with Urban Splash to deliver 800+ new homes

Award winning regeneration company Urban Splash has exchanged on a deal with Milton Keynes Development Partnership (MKDP) to undertake the development of three phases of work at Campbell Park – one of the most important sites in the town. The plans will see the delivery of between 850 and 950 homes, bringing an extended residential offering to the area.

Nathan Cornish director at Urban Splash said: “The site is an amazing opportunity, adjacent to the park, to deliver a scheme that fully reinforces Milton Keyes as a place for innovation and design”

“Our plans take the garden city principles that inspired Milton Keynes to the next level, with a rich mix of modern homes and workspaces in a diverse landscape that prioritises the way people want to live – ideas that we’ll soon be sharing with local people and community groups.

“We have an almost 30-year track record in successfully delivering award-winning regeneration programmes all over the country, experience that we’ll be applying in Milton Keynes as we look to create high quality, architect-designed homes in well-thought out, sustainable new communities fit for 21st century living.”

The Campbell Park site is flanked by the Grand Union Canal and Milton Keynes centre and the listed park itself. Early proposals for the first two phases include plans for hundreds of new homes, as well as pockets of green throughout the neighbourhood – something that will dampen down noise and absorb pollution, giving kids places to play, places to explore and wildlife to discover. Urban Splash will extend this offering as it develops plans for the newly exchanged phases 3-5.

Matthew Green, MKDP’s Property Development Director said: “This is one of the most important sites in Milton Keynes, which will shape the Campbell Park area’s future and we are delighted to have a visionary, forward-thinking partner in place to coordinate the whole project.”

MKDP acquires key asset in Bletchley town centre

Milton Keynes Development Partnership (MKDP) has added to its property ownership in Bletchley with the acquisition of the Brunel Centre shopping centre.

The purchase is an important step forward in the regeneration of Bletchley and Fenny Stratford and gives MKDP control of the future direction of the areas most in focus.

The investment has been made by MKDP following the town being awarded funding through the government’s Town Deal project, which has allocated £23m for Urban Regeneration programmes in Bletchley and Fenny Stratford.

The Bletchley and Fenny Stratford Town Deal Board is coordinating the use of the funding for various projects, with a general pot of £8.9m to be utilised by MKDP.  The fund will identify sites and property assets that could be redeveloped or refurbished to achieve the ambitious aims of the Town Deal.

The Brunel Centre is the third asset MKDP has purchased in recent years, previously it acquired the police station and fire station sites adjacent to the Railway Station.

Matthew Green, MKDP’s Property Development Director said:

“Adding the Brunel Centre to MKDP’s existing ownership in Bletchley gives us excellent control over the future of this important gateway area.  We look forward to working with the Town Deal Board and all local stakeholders to ensure the future transformation of Bletchley is delivered in the right way.”

Councillor Pete Marland, Leader of Milton Keynes Council, said:

“The Brunel Centre site is essential to the successful regeneration of Bletchley Town Centre. MKDP purchasing it means that as regeneration plans develop, it allows clarity over the ability to deliver them successfully. MKDP has done a great deal and it’s a clear sign to the residents of Bletchley that things are moving forward, and that this is a serious regeneration project after 50 years of broken promises.

“It’s also a good opportunity to remind people that MK Council is currently consulting on what those town centre regeneration plans should look like through the Bletchley Town Centre SPD, and I’d urge all residents to contribute and have their say.”

Discounted rents for key and essential workers at flagship MKDP scheme

Man Global Private Markets (Man GPM) has purchased 79 apartments at MKDP and Crest Nicholson’s Campbell Wharf development.

The homes will be offered at discounted rent and with a focus on key and essential workers, ensuring they have access to high quality housing within easy reach of their workplaces.

MKDP Property Development Director Matthew Green said: “Campbell Wharf is MK’s most prestigious residential development and this initiative by Man to provide high-quality, affordable housing specifically for key workers gives a welcome  addition to the new community.”

Ian Jackson, Investment Director, Community Housing at Man GPM, said: “We are delighted to be building on our partnership with Crest Nicholson through this investment, which will deliver discount rented homes for the local community in Milton Keynes within a truly exceptional scheme.”

What do you know about MKDP?  

You probably know that Milton Keynes Development Partnership (MKDP) is owned by Milton Keynes Council (MKC) and that it uses and develops its land assets to help the city become a better place to live, socialise and work.

You may know that MKDP’s professional team reports to a board comprising an independent chair, independent members, local councillors and MKC’s Chief Executive.

But do you know what we have achieved since MKDP was established in 2013?

This infographic provides a useful overview and covers a range of our successes in both commercial and residential development in MK.

Major Investment on prominent CMK site delivers construction start in the New Year

The 1.6 acre site i n Central Milton Keynes, opposite XScape, that has been vacant for 15 years has been sold by Milton Keynes Development Partnership, with construction due to start early in 2022.

It will be developed into a 330-apartment high quality major residential scheme that is due for completion in mid-2024.

The £80 million deal has been facilitated by Milton Keynes based developer Abbeygate who worked with Milton Keynes Development Partnership to ensure the planning consent was delivered and sourced an investor who wanted to make a valuable contribution to the city’s future.

MKDP Property Development Director Matthew Green said: “We are delighted that the project is going to be starting in the New Year.  The funder’s aspirations were very clear and their substantial investment in Central Milton Keynes demonstrates their shared belief in the future of the City Centre”

New development set to help plug Milton Keynes’ affordable housing gap

Taylor Wimpey is to begin construction of 3, 4 and 5-bedroom homes at Daubeney Gate in Shenley Church End following completion of a deal with MKDP

Of the 73 homes, more than 36% (27 houses) will be affordable homes for local people in housing need. The properties will be available to purchase from Summer 2023.

Taylor Wimpey’s land and planning director Victor Idowu said: “We partnered with Milton Keynes Development Partnership to develop a scheme that would meet both their ambitious affordable housing targets and our objectives with a range of high-quality housing that will meet a variety of local needs.”