Walton: key residential development opportunity launches

Milton Keynes Development Partnership (MKDP) has launched marketing of its development site west of Walton Manor and south of Groveway.

Occupying 15.6 acres in the southeast of the city, the site has outline planning consent for up to 174 homes. The residential development land is accompanied by an additional 7.2 acres of open space and existing structural planting.

With direct roundabout access off Groveway to the north, the site also benefits from public transport links to the city centre and via a pedestrian link to Hullwell Gate.

The Open University lies to the north, Walton Manor to the east, Simpson Road and Caldecotte Reservoir to the south and Woughton Park extends along the entirely of the western boundary.

Aligned with MKDP’s commitments to inclusive and equal communities, a minimum of 36 per cent of the homes must be affordable.

A single-stage informal tender will now be undertaken to select an appropriate developer and scheme.

The deadline for submissions is 5pm on Thursday 18th April 2024.

Find out more here or get in touch. 

Grange Farm: A new residential development opportunity launches

Milton Keynes Development Partnership (MKDP) is pleased to launch an opportunity for residential development of the land off Singleton Drive, Grange Farm, Milton Keynes.

Situated on the western side of the city, Grange Farm is an allocated housing site for 22 dwellings. The area is well served by local amenities including schools and convenience facilities.

In line with MKDP targets and commitments, 36 per cent of homes on the 1.35 acre site must be affordable.

Damien Lippett, Development Manager at MKDP, said: “Milton Keynes was established with growth in mind. We have seen numerous successful developments come to fruition in recent years, enhancing the city’s high-quality environment and creating a great place to live.

“Grange Farm provides a great opportunity for the right developer to be part of the ongoing expansion of a unique city.”

A single stage informal tender will be undertaken to select an appropriate developer and

scheme for the site.

The deadline for submissions is 2pm on Friday 5th April 2024.

Find out more here  or get in touch.

Campbell Park View planning application successfully submitted

The planning application for Campbell Park View, a new city centre development of 285 homes for rent in Milton Keynes, has been successfully submitted.

Packaged Living acquired the site in 2023 and has now put forward a proposal which would regenerate the site of the theatre multi-storey car park on Avebury Boulevard.

In addition to the new apartments, a new leisure venue would be provided at ground and first floor to complement the neighbouring Milton Keynes Theatre, MK Gallery, and 12th Street leisure quarter.

Supporting MKDP’s vision to support cleaner, safer and healthier communities, the public space on the corner of Avebury Boulevard and Marlborough Gate would be improved with new seating, green planting, and better pedestrian connections.

The new development occupies the site of a former multi-storey car park next to Milton Keynes Theatre. The theatre car park closed in 2020. Milton Keynes City Council had identified the site as an important gateway which could see a mixed-used development brought forward.

Adam Sciberras, Special Projects Director for MKDP, explains how new developments are making a positive impact: “Central Milton Keynes has real potential for growth, and our priority is to make sure that new developments meet MKDP’s placemaking objectives and respect the city’s unique heritage.”

“Developments like Campbell Park View will play an important role in making Central Milton Keynes a vibrant and sustainable city centre, enhancing the surrounding built environment and boosting our already thriving culture. MKDP is looking forward to working collaboratively with Packaged Living.”

Sophie Gunn, Associate Director of Development for Packaged Living, said: “We’ve worked hard with our neighbours and local stakeholders to draw up plans for an architecturally excellent building in keeping with this important regeneration site.”

The planning application will now be considered by Milton Keynes City Council.

Park Square development celebrates topping out

MKDP, together with the development and funding teams have celebrated an official topping out ceremony with the Mayoress of Milton Keynes, Mrs Mandy Legg, for the new Park Square residential project in Central Milton Keynes.

Matthew Green, Property Development Director of MKDP, was joined by Kevin Reid, Global Chief Operating Officer and Head of Europe at Corebridge Financial and Jon Marston, Managing Director for Galliford Try Building East Midlands to talk about the history of the project and its journey to successful development.

As part of a new BTR (Built-to-Rent) scheme, the new complex will provide 329 residential apartments.  The development will comprise four residential buildings of 11, nine, seven and three storeys, as well as commercial space on the ground floor, an underground parking area, and a central courtyard.

Smart meters will be installed in every apartment, and there will be solar PV (Photovoltaic) power and electric vehicle charging stations to provide residents with sustainable and beneficial amenities. A range of Modern Methods of Construction (MMC) will be employed to shorten construction durations and increase safety on site.

Matthew Green said: “Seeing this prominent city centre site, that had been empty for some 15 years, reach this phase of its development is a great milestone for the project.  It is testament to the hard work of everyone involved and we are sure this scheme will be a great asset for Central Milton Keynes.”

Jon Marston commented: “This was a great moment to see so many of our key stakeholders to mark this traditional ceremony as we celebrated this huge milestone. As a business, we have a strong track record of working in the BTR sector and we look forward to continuing to work with everyone to deliver a high-quality building that Milton Keynes’ residents will be able to enjoy later next year.”

MKDP and ExtraCare agree deal for extension to Shenley Wood Retirement Village

The ExtraCare Charitable Trust has exchanged contracts with Milton Keynes Development Partnership (MKDP) to expand Shenley Wood Village, one of its two retirement villages in Milton Keynes, onto adjoining land.

Due to the overwhelming success of Shenley Wood Village, which comprises 300 apartments with leisure and health facilities, there is strong demand for expansion. To meet this, ExtraCare is looking to develop apartments and bungalows, with a planning application due to be submitted shortly.

Hardev Thandy, the Head of Growth and Construction at ExtraCare, said, “Both of our villages in Milton Keynes are extremely popular, so working with MKDP to provide much needed additional homes for older people is a very exciting opportunity.”

Property Development Director at MKDP, Matthew Green, added, “We are delighted to be facilitating the expansion of Shenley Wood Village. The increased capacity will deliver high-quality homes, of which almost half will be affordable tenures, opening up to more over 55s in the city the fantastic facilities which make an ExtraCare village such a great place to live.”

ExtraCare is a registered charity which develops, operates and supports 16 villages and four housing schemes across the Midlands and neighbouring areas. Focussed on creating sustainable communities, ExtraCare delivers not just homes, of which it has over 4,200, that older people want but also enables its residents to enjoy a range of facilities and access care if needed.

 

Lower Westside Development Opportunity

One of three key masterplan proposals in CMK is
Lower Westside, the vision for which is a major new
precinct for technology, innovation, and education.
The broad concept for the area which extends from
Station Square outside the railway station to Block B4
features:
• New workspace and research facilities
• A University presence
• A multi-purpose conferencing and events venue
• A new residential neighbourhood
• Well-designed public realm.

Find out more about this development opportunity.

Packaged Living and Affinius Capital purchase site in Milton Keynes for over 250 BTR units

Packaged Living, the specialist UK Build to Rent (“BtR”) investor, developer and operator has completed on a land acquisition in Central Milton Keynes as part of its BtR joint venture (“JV”) with Affinius Capital, the global asset manager with experience in rental housing development and asset management.

The JV purchased the 1.23-acre Theatre multi-storey car park site from Milton Keynes City Council and Milton Keynes Development Partnership (“MKDP”) and will submit a planning application in the coming months for a BtR scheme with over 250 units. The site is the subject of a planning-led development brief adopted by the Council.

The new scheme will be designed to offer residents access to all that the city has to offer, including numerous local transport links and amenities, shopping, and leisure. It is located within 10 minutes’ walk of the city centre and mainline train station.

As with all schemes in the JV, the site has been selected due to the local area’s compelling market dynamics. The economy has experienced rapid employment growth over the past decade, centred around the private sector and serviced-based employment. Given its location within the UK Innovation Corridor, Milton Keynes has emerged as a major centre in the UK for research and development. With the population expected to exceed 300,000 by 2027, the proposed scheme will help meet the demand for homes in the local area.

This is the second acquisition for the JV, which was formed in November 2022 to pursue the acquisition, planning, construction, and operation of best-in-class multifamily BtR assets in the UK. The Venture is ultimately targeting the creation of a diversified BtR portfolio of several thousand units across the UK, meeting the demand for purpose-built rental housing whilst simultaneously offering residents more amenitised, sustainable, and energy-efficient homes. It is expected that the portfolio will have an end value of c.£1bn when built out.

Ed Ellerington, Founder and Chief Executive of Packaged Living, commented, “This purchase is Packaged Living’s second scheme in Milton Keynes and follows The Almere an award-winning development which completed in 2022. Milton Keynes is a dynamic expanding city which requires best in class homes to attract its growing professional workforce. We are delighted to acquire the site in partnership with Affinius Capital and look forward to working with MKDP and MKCC to create another exemplar building in the city.”

Karen Martinus, Director of Affinius Capital Europe, commented “We maintain our conviction towards the UK’s BtR market, which remains underpinned by population growth, decreasing household size and a greater propensity to rent. We are delighted to acquire this site in Milton Keynes which is strategically located within the Oxford-Cambridge Arc, a region identified as being of global importance for innovation and business activity. We look forward to continuing to work with Packaged Living to deliver best-in-class BtR assets in the UK.”

MKDP assists City Council’s plans for Bletchley regeneration

MKDP recently advised Milton Keynes City Council via the Town Deal Board on the acquisition of the former Sainsbury’s site in Bletchley which is currently derelict and subject to vandalism.

MKDP already owns the adjacent Brunel Centre and the old police and fire station site nearby both of which will be fundamental parts of ambitious community-led regeneration plans.

Buying the old supermarket site will allow the City Council more control over how regeneration of the historic town centre takes place while working with the local Bletchley and Fenny Stratford Towns Deal Board, the two local town and parish councils, and resident groups. Funds to buy the site has been provided by the Town’s Deal Fund and will not impact investment on other projects or services in the city.

MKDP Property Development Director Matthew Green said: “Assisting the City Council to achieve its regeneration ambitions is a key part of MKDP’s remit and this deal is fundamental to what is planned for Bletchley’s future.”

Cllr Pete Marland, Leader of Milton Keynes City Council, said: “I’m really pleased that the City Council has been able to buy the old Sainsbury’s building in Bletchley Town Centre. It’s currently a dilapidated eyesore but more importantly it means that because we also own the Brunel Centre, we now have a lot more local control over how we move forward with community-led regeneration of the historic town centre.

“Regeneration takes time, but we are putting all the pieces in place to move forward with some ambitious schemes that will revitalise the area and bring the town centre back to its former glory. We will act as quickly as possible to get rid of the current building that attracts anti-social behaviour and vandalism while cutting one side of the town centre off from the train station. We can’t turn back the clock, but we can work with the community to make sure that our plans deliver the change people want to see and that retain the unique and proud history of the town.

 

 

30 affordable homes delivered on MKDP-owned land

Milton Keynes Development Partnership has transferred its land at Highgate Over to Grand Union Housing Group who have developed 30 affordable homes on the site.

The first occupiers have moved in to the scheme, which sits to the east of the city centre, and provides 100% affordable housing comprising a mix of shared ownership and social rent.

Matthew Green, Property Development Director at MKDP said: “Facilitating the supply of affordable housing in and around the city is a key part of MKDP’s role. These high-quality apartments in a desirable location are a great contribution and we look forward to seeing them fully occupied soon.”

Dave Lakin, Grand Union’s Director of Development & Commercial said: “In these uncertain times, everyone should have a safe, comfortable and affordable home and that’s exactly what we’ve delivered. We identified that this site would be ideal for a mix of affordable tenures including shared ownership and homes for social rent. Both are desperately needed in Milton Keynes, which was emphasised by how quickly they were all let and sold. We have created high quality housing, in a very sustainable location, close to amenities, transport, education and employment in Walnut Tree and wider Milton Keynes, which was achieved in partnership with MKDP, our contractors, consultants and Homes England.”

Brian Harding, Managing Director of Catalyst Land Solutions who was appointed by Grand Union as their development consultant and  employer’s agent said: “We worked with MKDP to take it through planning. Our team also provided quantity surveying, clerk of works and project management services from design through construction to completion.  We have good relationships with MKDP’s team of experienced property professionals which made the whole process straightforward.”

The site was constructed by Watson and Cox construction, supported by GSS Architecture who completed the relevant RIBA design stages.