Henry Boot announces that HBD, the group’s property investment and development arm, has secured outline planning consent for phase one of Golden Valley, Cheltenham. The 200-hectare (494-acre) flagship regional regeneration project will eventually provide around 2,500 new homes and 1.25 million square feet of commercial space with the National Cyber Innovation Centre at its heart, and it will support the creation of almost 12,000 jobs.
The outline planning consent allows for a development comprising around 1 million square feet of prime commercial space, including IDEA, the new 160,000-square-foot National Cyber Innovation Center referred to in the U.K. government’s Modern Industrial Strategy, as well as 576 residential units of various tenures, supporting Cheltenham’s housing needs. HBD will prepare to begin construction later this year.
The £1 billion (€1.2 billion/$1.36 billion) Golden Valley innovation and technology project is located adjacent to GCHQ,
