Strategic land developer Lands Improvement has acquired the freehold of the 1,119-acre Alington Estate in Bedfordshire with a plan to deliver 4,000 homes in the area.
The estate, in Little Barford, has been identified in Bedford Borough Council’s recently published draft local plan.
It is set to benefit from significant investment in transport infrastructure improvements planned for the area. Works include the A428 Black Cat to Caxton Gibbet upgrade project, which will see a new road built through the eastern half of the site, as well as the final section of the East West Rail, the new railway line being created between Oxford and Cambridge, which includes options for a new train station on, or to the south, of the site.
James Stone, managing director at Lands Improvement, said: “This site is a great fit for Lands Improvement in terms of our ability to make a long-term financial and professional commitment to planning and delivering places where people want to live, starting with the residents of the estate.
“The acquisition underlines our growth strategy as a master developer and we are looking to take on more large-scale development opportunities across the UK.”
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