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Brownfield fund offers new build opportunities

27/10/2021

Commercial

Brownfield fund offers new build opportunities

The Government’s announcement of a new brownfield redevelopment fund in the latest budget is good news for land owners and developers, particularly given its focus on levelling up in the areas of the country that will benefit most from this cash injection. The fund will support the creation of new housing in brownfield areas (ie where previous development has already taken place). 

Senior Associate Joe Salt said: “Coupled with this summer’s relaxation of permitted development rules, this will cut red tape for developers to bring much-needed new housing into areas that are often neglected and seen as being in decline. This will, in turn, breathe fresh life into the communities around these areas and also provide new transport links and community green spaces. 

“We are really excited about the opportunities this will bring to the areas we work in across Shropshire, Cheshire, the West Midlands and North Wales in rejuvenating sites and buildings that have fallen out of use, into disrepair or are not being used to their potential. It shows the importance, now more than ever, of landowners proactively promoting their sites and ensuring that they are included on their local authority’s brownfield register as stipulated in paragraph 69 of the National Planning Policy Framework*.

“Many of our clients are land owners looking to promote their sites or property developers who engage us to advance schemes from concept to completion so this is positive news for them.”

If you have land or are looking to develop a site in Cheshire, Shropshire, North Wales or beyond, our team of expert planners and architects can help. We’d love to talk – you can get in touch here.

*NB Sites not included on the mandatory brownfield register do not get looked at 

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