Chartway announces acquisition of Friday Street Farm in Eastbourne

Chartway Partnerships Group, a land-led housebuilder in South East England, has announced the successful acquisition of the Friday Street Farm site in Langney, Eastbourne from Wates Developments, part of the Wates Group.

The 35-acre site benefits from outline planning permission granted by Eastbourne Borough Council and Wealden District Council for the construction of 250 new homes.

Featuring a multi-tenure approach, the development will include private sale, affordable and private rent homes, creating a diverse and inclusive community, reflecting Chartway’s commitment to deliver Homes for Everyone.

The Friday Street project also marks the start of a new relationship between Wates Developments and Chartway, who share a commitment to delivering new, sustainable, high-quality homes and community placemaking across South East England.

The development places a strong emphasis on sustainability, incorporating homes designed to support biodiversity, including the introduction of the ‘Chartway Bee’ to create pollinator-friendly spaces. The inclusion of community open space will be an integral part of the Friday Street development.

Steve Cresswell, group CEO of Chartway, said: “Friday Street builds on our existing presence in East Sussex. Over in Hastings, we are currently delivering a brownfield regeneration project, developing 151 mixed-tenure new homes.

“Thank you to the hard work from all teams involved in the acquisition – particularly to the team at Wates Developments – and we look forward to developing the site to create a new community for the vibrant town of Eastbourne.”

David Brocklebank, executive managing director of Wates Developments, added: “We’re delighted to have completed the land sale of this site to Chartway to bring 250 new homes to Langney, Eastbourne.

“Chartway shares our commitment to creating sustainable developments that drive a lasting and positive impact for communities and the environment.”

Oliver Jolley, group land and new business director at Chartway, added: “The acquisition of the Friday Street site is a strategic move that aligns perfectly with our vision of creating sustainable communities for everyone.

“Despite the challenging economic environment, it’s great to kick off the New Year with the purchase of this site. The team will now turn their focus to the submission of a reserved matters planning application in June 2024 and an anticipated on-site commencement in February 2025.”

Leave a Reply

Your email address will not be published. Required fields are marked *

Commercial property News

Panattoni secures major name for Sittingbourne

Panattoni, the largest logistics developer in the UK and Europe, has attracted leading parcel delivery company DPD to take a bespoke, built-to-suit facility at Panattoni Park Sittingbourne.

Read More
News

Servo Private Wealth achieves CISI Chartered Firm status

Servo Private Wealth, a West Sussex-based specialist independent financial planning business, has been awarded the prestigious CISI Chartered Firm status by the Chartered Institute for Securities & Investment (CISI).

Read More
News

CEF’s TechTalks heads to Kent this October

UK multi-channel electrical distributor CEF is bringing the fourth series of its award-winning TechTalks to Kent Event Centre, Kent on Friday 18 October 2024.

Read More