Swindon-based property developer Capital Land Property Group has secured planning permission from Swindon Borough Council for Great Stall East, Gateway of the New Eastern Villages (NEV) development which is set to transform the eastern side of the town.
Founded in 2014 by Swindon developer Jeremy Francis, Capital Land will deliver a minimum of 1,550 homes along with a primary and secondary school within the Great Stall East development.
There will be a selection of 2, 3, 4 and 5 bedroom private and affordable homes, each designed to fit the context of the local area and a contemporary lifestyle. Capital Land is in control of approximately a third of the NEV development.
“I am Swindon born and raised and my family roots here date back 3 generations. In fact, the whole Capital team has an emotional attachment to the town, so the news that we have secured planning permission after years of meticulous preparation is tremendously satisfying,” said Jeremy.
“Not only will we build some great homes for people to live in, our plans show that we will create a genuine ‘village’ community, with all the local amenities you would expect in a thriving location and the kind of expansive green spaces families of all ages will appreciate. I take pride in all my projects, but being able to contribute to Swindon’s growing reputation as a residential and business hub is extra special.”
“Securing planning permission for Great Stall East is the result of several years of detailed technical and design work and it follows very constructive and collaborative meetings with Swindon Council, not to mention a public consultation. Involvement of local people in our decisions is key and I want to thank all those involved with the project for helping us achieve this major milestone. We are talking about an investment of over £400 million, so this is a really significant project for the town’s future.”
As Capital Land plans to play a central role in delivery of key infrastructure as well as having a continued influence over design and delivery of the scheme, the company will create hundreds of direct jobs themselves during the approximately 14-year construction period, as well as many indirect jobs in the construction and supply sectors.
New Eastern Villages (NEV) is the largest and most important urban regeneration development within the UK. Located to the East of Swindon it is positioned in the Wiltshire Countryside between the North Wessex Downs and the Cotswolds. Identified in Swindon’s strategic growth area within the adopted Swindon Borough Local Plan 2026, it will comprise 8,000 -12,000 homes, a new District Centre, 40ha of employment and associated health, retail, education and leisure facilities.
The leader of Swindon Borough Council, Cllr David Renard, said: “Here, we are not just building houses but sustainable communities, ones that will have as much a stake in the future prosperity of Swindon as the rest of the town. In many ways, the NEV is the next big chapter in Swindon’s exciting story.”