A pioneering partnership deal has been signed to develop a £1.2 billion (€1.3 billion/$1.56 billion) new homes project at Manydown in Basingstoke, Hampshire, already green lighted for planning.
The partnership includes Basingstoke and Deane Borough Council and Hampshire County Council, Urban&Civic and global charitable foundation the Wellcome Trust.
Together the Manydown Development Vehicle LLP will deliver 3,500 new homes, 40 percent of which will be affordable; a 250-acre country park; two primary schools with land reserved for a potential new secondary school; two local centers; businesses; shops and community facilities, as well as a sustainable garden community.
It is the first phase of one of the largest residential-led development schemes in the South East, on 2,000 acres of land in public ownership, and is one of the major projects in the government's garden communities program set for delivery. The long-term scheme will be an important part of th
